Oil prices had already begun to drop before Bessent’s announcement, in the wake of the talks.
The Treasury Department issued a general license for Iran...
British PM Keir Starmer said on Monday he would resign as leader of the Labour Party, bowing to growing pressure from within his own party to step down.
Iranian state-run media reported that Iran closed the Strait of Hormuz. U.S. CENTCOM stated that commercial traffic in the critical waterway has increased.