Scott Bessent

US strengthens sanctions related to Iranian oil

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.

US imposes new sanctions on Iran

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.

US preparing to impose air blockade on Iran

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.

US to buy Iranian oil for first time in 30 years

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.

Donald Trump

US may lift sanctions on Russian oil

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.

U.S. hits Iran with biggest sanctions in 6 years

The United States imposed sanctions on 50 individuals and entities from Iran, and more than 50 ships controlled by that country over what Washington called their involvement in oil trade.

U.S. expects "flurry" of trade deals in July

U.S. Treasury Secretary Scott Bessent said he expects "a flurry" of deals ahead of the July 9 deadline and wanted to keep up pressure on trading partners.

U.S. expects "flurry" of trade deals in July
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