The move indicates an end to the Trump administration's efforts to use the sanctions waivers to ease global oil prices. ・Washington had previously allowed the purchase of sanctioned oil from Russia ...

Treasury Secretary Scott Bessent said that the U.S. won’t renew a general license that the administration temporarily granted ...

US Treasury Secretary Scott Bessent has recently focused his remarks on escalating economic pressure and stricter sanctions ...

Treasury Secretary Scott Bessent said early Thursday that the U.S. may lift sanctions on Iranian oil that is already in ...

US Treasury Secretary Scott Bessent has signalled a possible easing of sanctions on Iranian oil already at sea as Washington ...

Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions on the country’s oil, and ...

WASHINGTON, March 19 (Reuters) - The U.S. may ⁠soon ⁠remove sanctions on Iranian oil stranded ⁠on tankers at sea, Treasury ...

US Treasury Secretary Scott Bessent said the addition of sanctioned Iranian oil into global supplies would help keep oil ...

The White House is considering lifting sanctions on Iranian oil that's at sea to keep oil prices down, Treasury Secretary ...

Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transit ...

Treasury Secretary Scott Bessent reaffirmed that the US would not renew general licenses that allowed for the temporary sale of certain Russian and Iranian crude.

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.