Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.
U.S. and Qatar Block Iran’s Access to $6 Billion From Prisoner Deal The money had recently transferred to Iran as part of a U.S.-Iran deal that led to the release of five imprisoned Americans from Iran last month.
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
Fragile Global Economy Faces New Crisis in Israel-Gaza War A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”