Scott Bessent & MSCI

Scott Bessent: Scott Bessent>>>, United States>>> Treasury Secretary, has vowed to use Iranian funds to pay for damage caused to Gulf allies and to offset tolls paid to the Persian Gulf Strait Authority.

MSCI: MSCI>>>'s broadest index of Asia-Pacific shares outside Japan was down, reflecting the regional market downturn.

Scott Bessent: Scott Bessent, U.S. Treasury Secretary, reassured about the temporary nature of the sanctions waiver on Russian seaborne oil.

MSCI: MSCI>>> is a container carrier that has shifted some increased fuel costs to customers through surcharges.

Scott Bessent: Scott Bessent, US Treasury Secretary, stated that Washington would use money from frozen Iranian accounts to offset damages inflicted by Iran on US allies and any tolls imposed for transit through the Strait of Hormuz.

MSCI: MSCI's broadest index of Asia-Pacific shares outside Japan jumped, indicating positive market sentiment in response to the peace deal hopes.

Scott Bessent: Scott Bessent, the US Treasury Secretary, stated that the US naval blockade is part of a broader economic embargo aimed at suffocating the Iranian regime.

MSCI: MSCI, the world's largest shipping group, reported one of its vessels was struck by projectiles in Iraq's Umm Qasr port, highlighting the risks to commercial shipping in the region.