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2026-10-16

U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline suppor

U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline supporting its war machine is cut.
2026-10-16

U.S. Treasury Secretary Bessenter: Iran's economy is under increasing pressure, and even its so-called allies are powerless to reverse the situation. The U.S. Treasury will not stop until the Iranian regime's coffers are depleted and every financial

U.S. Treasury Secretary Bessenter: Iran's economy is under increasing pressure, and even its so-called allies are powerless to reverse the situation. The U.S. Treasury will not stop until the Iranian regime's coffers are depleted and every financial lifeline supporting its war machine is severed.
2026-10-16

Brent crude futures settled at $105.92 a barrel, down $0.14, or 0.13%.

Brent crude futures settled at $105.92 a barrel, down $0.14, or 0.13%.
2026-10-16

Brent crude futures settled at $105.92 a barrel, down 14 cents, or 0.13%.

Brent crude futures settled at $105.92 a barrel, down 14 cents, or 0.13%.
2026-10-16

India will impose a windfall tax on petrol exports of 2.5 rupees per liter and on diesel exports of 8.5 rupees per litre, effective Oct. 16, the government ordered.

India will impose a windfall tax on petrol exports of 2.5 rupees per liter and on diesel exports of 8.5 rupees per litre, effective Oct. 16, the government ordered.
2026-10-16

According to an order from the Indian government, starting from October 16, India will impose a windfall tax of 2.5 rupees per liter on gasoline exports and 8.5 rupees per liter on diesel exports.

According to an order from the Indian government, starting from October 16, India will impose a windfall tax of 2.5 rupees per liter on gasoline exports and 8.5 rupees per liter on diesel exports.
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