Treasury Secretary Scott Bessent announced an expansion of secondary sanctions to isolate Iran financially, targeting nearly 60 entities and vessels.

Washington is preparing a sweeping set of secondary sanctions dubbed an economic D-Day against Iran, targeting oil buyers, shipping firms, and financial channels.

The US dollar hovered near a three-month low as traders reacted to the Treasury's evolving debt management strategy and broader market turbulence.

The US Treasury is doubling its long-term bond buybacks as the national debt surpasses $40 trillion, seeking to signal market stability amid rising yields.

The S&P/ASX 200 snapped a six-session slide, rising 19.8 points as a U.S. Treasury debt buyback initiative sent bond yields lower and boosted gold miners.

Commercial transit through the Strait of Hormuz has slowed to a near standstill following recent vessel attacks and a sustained US naval blockade. Widespread economic pressure and new financial measures are being prepared.

Washington is preparing unprecedented economic isolation measures and an ongoing naval blockade against Iran following drone attacks on oil tankers in the Strait of Hormuz.

US Treasury Secretary Scott Bessent announced plans for unprecedented economic isolation and a naval blockade against Iran following stalled ceasefire talks.

Washington and Tokyo have taken rare joint action to support the Japanese yen following its steep slide to decades-long lows, according to recent reports.

The US Treasury has alerted financial institutions to a potential intervention in the yen market, marking a departure from standard monetary policy.