Banque Misr UAE has transferred more than $1.8 billion to Iran since 2025, Treasury Secretary Scott Bessent said before the House Financial Services Committee.
Updated 52m3h
Oil prices jumped on Tuesday, July 14th, after US President Donald Trump announced plans to impose shipping fees on vessels transiting the Strait of Hormuz and reinstate a blockade of Iranian ports.
Updated 7/14/2026 9:27:00 AM