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Treasury Secretary Says Agreement With Iran Could Come Within Days
04
Aug

Treasury Secretary Says Agreement With Iran Could Come Within Days

  • LN24 / 1 month
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  • 1 min read

The United States could announce an agreement with Iran to reopen the Strait of Hormuz as early as “today or tomorrow,” according to U.S. Treasury Secretary Scott Bessent. Bessent said negotiations are progressing and expressed optimism that a breakthrough could be reached soon. He noted that financial markets have responded positively to the prospect of […]

22
Jul

Markets Monitor U.S.-Iran Conflict for Supply Risks

  • LN24 / 2 months
  • 0
  • 1 min read

Brent Crude Extends Rally as Middle East Tensions Persist Markets Monitor U.S.-Iran Conflict for Supply Risks Oil prices continued to rise today, with Brent crude gaining $1 to trade at $92.01 a barrel, while U.S. West Texas Intermediate (WTI) increased 82 cents to $85.16 a barrel. The gains followed yesterday’s strong rally, when both benchmark […]