Tag: Treasury Department
Iraq Wins U.S. Permission to Resume Iran Flights, Prime Minister Says
Flights between the neighboring countries had been halted after broad U.S. penalties on Iran’s aviation industry.
Bessent Blames Ukraine for High Energy Prices
After meeting with Russia’s finance minister, the Treasury secretary said Ukraine’s attacks on Russian oil infrastructure were contributing to a global energy shock.
Global Bond Rates Are Rising. What Should You Do Now?
If you own bonds, they may be in a broad fund that hasn’t lost much money. And that fund may do much better in the next several years.
U.A.E. To Review Banque Misr, Targeted by Iran Sanctions
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
What to Know About Bank Melli, Singled Out in U.S. Call for Economic War
Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.
U.S. ‘Economic D-Day’ Targets More Than Just Iranian Oil
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
China Pushes Back After Trump Tightens the Screws on Iran
The Trump administration risks a clash with Beijing as it tries to cut off Iran’s economic lifelines without upending a fragile U.S.-China truce.
U.S. Campaign on Iran’s Economy May Still Risk Regional Military Escalation
Experts warn that a campaign aimed at avoiding military escalation could instead provoke it, as Iranian leaders vow retaliation across the oil-rich Gulf.
An ‘Economic D-Day’ That Must Overcome a Troubled History
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.