US unveils supersized Iran sanctions
Treasury Secretary Scott Bessent said he's giving countries time to stop trading with Iran.
From breaking news to deep dives, follow the latest developments in sanctions & diplomatic pressure with Morning Brew’s dedicated industry coverage.
Treasury Secretary Scott Bessent said he's giving countries time to stop trading with Iran.
The move comes shortly after US troops seized a sanctioned tanker off the country's coast.
Actually taking ownership of the assets could take years.
Western governments have pledged to “hunt down” and seize the assets of Russian billionaires.
Investors are preparing for the worst: Russia’s benchmark stock index closed down 11% yesterday for their worst day since 2014.
A gas supply squeeze is the last thing Europe needs right now
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