US Treasury Secretary Bessent: Working with Iranian airlines risks sanctions
US Treasury Secretary Scott Bessent warned that the United States (US) will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran, the Wall Street Journal reported on Monday.
Key quotes
Treasury will impose maximum pressure on Iran.
Working with Iranian airlines risks sanctions.
Discussed risks from overcapacity production with the EU.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.35% on the day at $94.65.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?
Hedge fund with 235% return says gold price decline is temporary
AMD and Micron Get New Price Targets as Taiwan Chip Exports Hit Record $30.8B
--BankUnited Keeps Quarterly Dividend at $0.33 a Share, Payable Oct. 30 to Holders of Record Oct. 9
Crypto prices
More
