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U.S. Treasury Secretary Bessent told Fox News that Iran's president and parliament speaker have publicly acknowledged severe economic distress. He said the Iranian currency has collapsed, inf has topped 100%, and the government is unable to pay milit

2026-09-02

U.S. Treasury Secretary Bessent told Fox News that Iran's president and parliament speaker have publicly acknowledged severe economic distress. He said the Iranian currency has collapsed, inf has topped 100%, and the government is unable to pay military salaries. Bessent said the U.S. is imposing the "toughest sanctions in history" to comprehensively suppress the regime and warned it will cut Iran off from all economic and political ties and sanction any entities that do business with Tehran.

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2026-09-02

The overnight SHIBOR was 1.3630%, down 0.1 basis points; the 7-day SHIBOR was 1.3770%, down 1.4 basis points; and the 3-month SHIBOR was 1.4300%, unchanged from the previous day. Click to view >>

The overnight SHIBOR was 1.3630%, down 0.1 basis points; the 7-day SHIBOR was 1.3770%, down 1.4 basis points; and the 3-month SHIBOR was 1.4300%, unchanged from the previous day. Click to view >>
2026-09-02

At the close of the morning session, domestic futures contracts showed mixed results. SC crude oil rose over 9%, container shipping to Europe and ethylene glycol (EG) rose over 5%, methanol rose nearly 5%, fuel oil rose over 4%, low-sulfur fuel oil (

At the close of the morning session, domestic futures contracts showed mixed results. SC crude oil rose over 9%, container shipping to Europe and ethylene glycol (EG) rose over 5%, methanol rose nearly 5%, fuel oil rose over 4%, low-sulfur fuel oil (LU) and liquefied petroleum gas (LPG) rose over 3%, and benzene rose nearly 3%. On the downside, palladium fell nearly 6%, silver and platinum fell over 4%, lithium carbonate and gold fell over 3%, and TSR20 rubber, tin, and cotton fell over 2%.
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