U.S. Treasury Secretary Scott Bessent said Iranian airlines could effectively be shut out of international travel from Wednesday, as Washington threatens foreign companies with secondary sanctions if they continue servicing the country’s carriers.
Qatari Energy Minister Saad Al-Kaabi said U.S. Treasury Secretary Scott Bessent is “wrong” when he said that the strategic Strait of Hormuz will be worthless in two years.
Moscow and Washington have certain points of convergence on financial matters that need to be discussed, Russian Finance Minister Anton Siluanov said following a meeting with U.S. Treasury Secretary Scott Bessent.
Anyone who supports Iran could be hit with US sanctions, and isolating its economy is the fastest way to peace, Washington said.
The Russian and U.S. finance ministries see a basis for further developing bilateral relations, Russian Finance Minister Anton Siluanov told Vesti.
Russian Finance Minister Anton Siluanov held a "productive" one-on-one meeting with U.S. Treasury Secretary Scott Bessent on the sidelines of the U.S.-hosted G20 summit.
The Ukrainian settlement was one of the issues raised during Monday's meeting between the Russian and US finance ministers.
The U.S. administration plans to impose new sanctions on various entities cooperating with Iran every week in order to put more and more pressure on Tehran, U.S. Secretary of the Treasury Scott Bessent told Reuters.
The recent U.S. sanctions imposed as part of Operation Economic Outcast are aimed at eliminating any possibility of Iran obtaining a nuclear weapon, U.S. State Department spokesperson Tommy Pigott told Al Jazeera.
U.S. Treasury Secretary Scott Bessent announces a massive 'Economic D-Day' offensive against Iran, launching sweeping new sanctions to cripple the regime's financial lifelines.
The U.S. administration expects to launch a "financial offensive" against Iran on Monday, U.S. Treasury Secretary Scott Bessent said.
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.
