Bessent says U.S. won't be renewing waivers for Iranian and Russian oil
The United States will not be renewing ​the waivers that allowed purchase of some Iranian and ‌Russian oil without facing U.S. sanctions, Treasury Secretary Scott Bessent told reporters on Wednesday.
US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transit
US threatens Iran with ‘financial equivalent’ of bombs
Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions, targeting banks and customers flouting the ban.
Bessent Says U.S. Won’t Renew Waivers on Russian and Iranian Oil
Treasury Secretary Scott Bessent said that the U.S. won’t renew a general license that the administration temporarily granted for the sale of Russian and Iranian oil already on the seas during the Iran war.