Treasury Secretary Bessent confirmed that the United States will continue its strategy of economic pressure on Iran, amid heightened geopolitical tensions since February 2026. The conflict has evolved into a tense ceasefire, with economic sanctions playing a central role in US strategy. Market confidence in an Iran reconstruction funding deal has dropped to 10.5%, down from 16% a week ago. Market participants will closely monitor any shifts in US or Iranian policy that could impact the likelihood of a comprehensive deal.
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