By Andrew Moran Treasury Secretary Scott Bessent said gasoline prices could ease back toward $3 a gallon by September following a sharp increase triggered by the war in Iran. The conflict—now nearing its eighth week—has driven a rapid surge in fuel costs. The national average was about $2.90 per gallon before the fighting began. As […]
Tag: International Sanctions
International sanctions are political and economic decisions that are part of diplomatic efforts by countries, multilateral or regional organizations against states or organizations either to protect national security interests, or to protect international law, and defend against threats to international peace and security. These decisions principally include the temporary imposition on a target of economic, trade, diplomatic, cultural or other restrictions (sanctions measures) that are lifted when the motivating security concerns no longer apply, or when no new threats have arisen.
