US Treasury Secretary Bessent: Expect support on Iran
US Treasury Secretary Bessent said he expects everyone to come along with the US on Iran.
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Bessent says Iran economy could collapse within weeks or months
Treasury Secretary Scott Bessent said Iran’s economy could collapse within weeks or months as Washington steps up sanctions, while saying the aim is to force Tehran to change course.
U.S. futures slip ahead of Jackson Hole remarks
U.S. stock futures were mixed Friday, with the S&P 500 and Nasdaq 100 lower and the Dow higher ahead of Kevin Warsh’s Jackson Hole speech. Treasury yields were also in focus.
New Zealand dollar holds losses near $0.595 amid risk
The NZ dollar hovers around $0.595 after a 0.4% drop, pressured by US-Iran secondary sanctions headlines and weak domestic retail sales data.
Remarks from Secretary of the Treasury Scott Bessent on Operation Economic Outcast against Iran (Full Speech)
24 August 2026 As prepared for delivery. Good afternoon. Today, at President Trump s direction, the United States Treasury has begun Operation Economic Outcast an unprecedented campaign against the Islamic Republic of Iran and its enablers. In the Second World War, D-Day marked the historic beginning of a campaign with
Silver Trades Near 2-Month High on US Fiscal Concerns
Silver traded near $69 an ounce, close to a two-month high, as concerns over US debt management and fiscal sustainability persisted after the Treasury unexpectedly ramped up buybacks of longer-dated government debt.
Brent crude posts second weekly gain on Iran pressure
Brent trades just below $94 a barrel on Friday, aiming for a second straight weekly gain of around 6% amid expectations of further US pressure on Iran and ongoing Middle East supply disruptions.
Crude oil climbs toward second straight week gain on Iran pressure
Crude traded just below $87 a barrel on Friday, heading for an around 5% second consecutive weekly gain after a 5.4% rise the prior week, supported by expectations of further US pressure on Iran.
Palladium extends gains to one-week high around $1,350
Palladium futures rose to around $1,350 an ounce, extending gains to a one-week high as a weaker US dollar and renewed precious-metals demand support prices.