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.
U.S. Treasury Secretary Scott Bessent did not rule out that the trilateral summit of Russia, the United States and Ukraine could take place in Budapest.
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.
The United States will urge its European allies to follow the example of Washington if it sets 100% tariffs on Russian oil buyers, U.S. Secretary of Treasury Scott Bessent said.
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.
The US Treasury Department has signed two new orders on anti-Iranian sanctions. US Treasury Secretary Scott Bessent stated the new sanctions would impact Iran's "shadow fleet".
Delegations of the US and Chinese governments will hold trade talks in London. Donald Trump noted that the USA has made significant progress in the agreement with China.
U.S. Treasury Secretary Scott Bessent reported "substantial progress" in U.S. talks with China’s top economic officials to de-escalate a damaging trade war. According to Bessent, U.S. President Donald Trump was fully …
