Russia to earn up to 2bln dollars from easing oil sanctions - US Treasury
U.S. Treasury Secretary Scott Bessent said the maximum extra amount of oil revenue Russia could get would be $2 billion.
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 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 U.S. State Department announced new sanctions targeting entities, individuals and vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products.
The United States will continue to be a part of NATO, U.S. Treasury Secretary Scott Bessent said.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has extended the license that authorizes negotiations and entry into contingent contracts with Russian oil company Lukoil for the sale of Lukoil International GmbH (LIG) or any companies it controls until February 28.
The U.S. Treasury has rejected an offer from the U.S. investment bank Xtellus Partners to buy foreign assets of Russian oil major Lukoil, Reuters reported, citing sources.
Washington has issued a license for transactions for the sale of Lukoil's foreign assets until January 17, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) reported.
Russia's second-largest energy company Lukoil has filed for an extension to the U.S. Treasury's deadline which prohibits transactions with the Russian …
The UЫ Treasury Department has announced a partial easing of sanctions targeting Syria. The day before, the Syrian Arab Republic's interim president and the interior minister were removed from the US sanctions list.
The United States imposed further sanctions on Russian oil companies, the U.S. Department of Treasury said in a press release.
The US Treasury Department announced new sanctions against entities and individuals linked to Iran, with the updated list including 16 companies and persons connected to systems designed to circumvent international restrictions. …
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".
A conflict occurred between Elon Musk and the US Treasury Secretary. According to media reports, it happened in the White House last month.
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.
The US Treasury Secretary has assured that default does not threaten the USA. Plans include another increase in the national debt ceiling, eliminating the need to declare default.