Bessent to Reveal Iran Sanctions Details at 2 AM, Market Volatility Expected

The timing is the story here: a 2 AM ET disclosure lands squarely in thin overnight liquidity, when oil and risk assets are most prone to outsized moves on limited flow. That the Treasury is flagging sanctions detail in this window suggests a deliberate attempt to get ahead of the reaction rather than manage it in real time. What matters next is whether the announced scope is broad enough to touch energy flows or narrow enough to be absorbed quickly; the gap between headline and implementation will determine whether volatility fades by the open.