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Becent: To announce a "significant increase" in sanctions against Russia within a day.
On October 23, U.S. Treasury Secretary Besant announced that the U.S. plans to announce a “significant” increase in sanctions against Russia within the next day. Following the news, international oil prices and gold prices rose. Besant stated to reporters at the White House on Wednesday local time: “We will announce a significant increase in sanctions against Russia after today's market close or tomorrow morning.” Besant did not specify the details of the new measures. At the time this news was released, the White House had just abandoned plans for a recent meeting between Trump and Putin. (Jin10)