Federal Reserve Governor Bowman to participate in a fireside chat; announcement due in 10 minutes.

U.S. Treasury on Friday froze assets of offshore companies tied to Florida oil magnate and Republican donor Harry Sargeant III that participate in Venezuelan oil production, sources said, and issued a license allowing the liquidation of his interests in those entities. Sargeant has served as a confidential conduit between Washington and Caracas—meeting President Maduro and other senior officials—and used that role to pursue oil deals in Venezuela that most firms avoided due to political risk and sanctions; he also helped secure the 2025 release of a detained U.S. citizen.

Ali Akbar Dareini, researcher at Iran’s Center for Strategic Studies, said Iran and Oman are close to an agreement on future management of the Strait of Hormuz, but US pressure on Oman to align with Washington remains the main obstacle. Dareini said Iran views future control of the strait as vital to its national security. He added that in recent months the US struck Iran, which Tehran says were launched from bases in the region, and described the Iran–Oman talks as a diplomatic opening for Washington to acknowledge Iran and Oman as the決ers of the strait’s future. He said the Strait of Hormuz cannot return to its pre-conflict state and that regional geopolitics have changed.