U.S. Treasury Secretary Bessent Pursues Big Iran Deal on Oil Prices

U.S. Treasury Secretary Bessent stated that the U.S. has conveyed to Iran its intention to reach a major agreement, and that negotiations will be an ongoing process. Bessent indicated that if Iran reduces its oil prices, it would benefit the global economy. The U.S. is employing both incentives and pressure tactics in its approach to the negotiations.
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