EXECUTIVE ORDER ALLOWS SECONDARY SANCTIONS ON THOSE WHO CONDUCT OR HELP WITH TRANSACTIONS RELATED TO THOSE NAMED IN THE ORDER - WHITE HOUSE OFFICIAL.

The White House announced an executive order enabling secondary sanctions against individuals or entities that engage in transactions related to those specifically named in the order. This move is expected to impact capital flows and increase risk aversion among investors, particularly in sectors exposed to international trade and finance. Markets most affected include those related to commodities and financial services, as heightened sanctions can disrupt supply chains and limit access to capital. Traders will closely watch for further details on the specific individuals or entities targeted, as well as any potential retaliatory measures from affected parties.

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