WS #13618

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Senate passed sweeping Russia/Iran sanctions bill (86-11) targeting energy, and Treasury sanctioned crypto exchanges funding Iran's IRGC, escalating geopolitical risk. Treasury Secretary Bessent claims Hormuz deal could be reached 'today or tomorrow', but markets remain skeptical; oil prices elevated.

Russia/Iran Sanctions Escalation

Senate passed sweeping Russia/Iran sanctions bill (86-11) targeting energy, and Treasury sanctioned crypto exchanges funding Iran's IRGC, escalating geopolitical risk.

Treasury Secretary Bessent claims Hormuz deal could be reached 'today or tomorrow', but markets remain skeptical; oil prices elevated.

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