Ahead of tough new U.S. sanctions, Iran criticizes 'extraterritorial sovereignty'

U.S. Treasury Secretary Scott Bessent said the proposed economic measures would likely reduce the need for major U.S. military operations. The comment is directional but provides no quantified fiscal or defense spending changes, suggesting limited immediate market impact.

Analysis

U.S. Treasury Secretary Scott Bessent said the proposed economic measures would likely reduce the need for major U.S. military operations. The comment is directional but provides no quantified fiscal or defense spending changes, suggesting limited immediate market impact.