Bezent: to announce "Significant Escalation" of sanctions against Russia within a day

BlockBeats News, October 23, US Treasury Secretary Yellen announced that the US plans to announce a "significant" increase in sanctions against Russia within the next day. Following the announcement, international oil prices and gold prices rose.

Yellen said to reporters at the White House on Wednesday local time: "We will announce a significant increase in sanctions against Russia either after the market close today or early tomorrow." Yellen did not specify the content of the new measures. This announcement comes as the White House has just abandoned plans for a Trump-Putin meeting in the near future. (FX168)