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Brent crude reclaimed the $90/barrel level, rising 2.3% intraday.

AP: US Treasury Secretary Scott Bessent said on Sunday the Trump administration plans to sanction another bank this week to curb Iran-related transactions. Bessent said he will meet finance officials from major and developing economies during the G20 to press for broad participation in economically isolating Iran. He said: "If necessary, we will use financial violence. We are letting people know we know who you are, you know who you are, and this must stop."