US to develop plan to accelerate economy amid record national debt
U.S. Vice President Vance said that U.S. Treasury Secretary Scott Bessent has a “very discreet plan” to shrink the nation’s debt.
U.S. Vice President Vance said that U.S. Treasury Secretary Scott Bessent has a “very discreet plan” to shrink the nation’s debt.
US Treasury Secretary Scott Bessent will announce new steps against Tehran during a press briefing next week
The growing U.S. pressure on Tehran will not force the Islamic Republic to make additional concessions other than those stipulated by the previously signed agreement, speaker of Iran’s parliament Mohammad Bagher Ghalibaf said.
Washington plans to announce unprecedented measures next week aimed at ensuring Iran’s economic isolation, U.S. Secretary of the Treasury Scott Bessent said.
The US Secretary explained that Iranian individuals' cryptocurrency capital has reached billions in dollar terms
U.S. Treasury Secretary Scott Bessent suggested the U.S. administration could remove some sanctions on Iran depending on how matters proceed in the current standoff with Tehran.
The USA has intensified its pressure on Iran by imposing new sanctions on entities and tankers tied to Iranian oil exports, as the State Department seeks to undermine the IRGC's funding mechanisms.
The U.S. Department of the Treasury said it has imposed sanctions on Iran’s Persian Gulf Strait Authority, a body created to review passage requests through the Strait of Hormuz.
Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, U.S. Treasury Secretary Scott Bessent said.
Businesses working with Iranian airlines risk U.S. sanctions, U.S. Treasury Secretary Scott Bessent said, calling the warning a part of a campaign to put economic pressure on Tehran amid the U.S.-Israeli war on Iran.
Washington has prolonged the partial easing of sanctions on Russian and Iranian oil as problems in the Strait of Hormuz remain unresolved.
U.S. Treasury Secretary Scott Bessent said the maximum extra amount of oil revenue Russia could get would be $2 billion.
The U.S. administration waived sanctions on the purchase of Iranian oil at sea for 30 days in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli war on Iran.
The US administration is prepared to remove sanctions on Iranian oil transported by sea, with this action potentially occurring as soon as this month.
The U.S. Department of the Treasury sanctions on Russian oil will be lifted if the Ukrainian crisis is resolved peacefully, which will contribute to a reduction in global energy prices, U.S. Treasury Secretary Scott Bessent said.
The United States is sending additional forces toward Iran, U.S. Treasury Secretary Scott Bessent said.
The United States will continue to be a part of NATO, U.S. Treasury Secretary Scott Bessent said.
The United States imposed further sanctions on Russian oil companies, the U.S. Department of Treasury said in a press release.
AP reports that Washington and Brussels will hold a meeting on new sanctions against Russia, with U.S. authorities considering a second phase of restrictions.
U.S. Treasury Secretary Scott Bessent said he had met with EU Commission Sanctions Envoy David O’Sullivan.