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.
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Scott Bessent Rejects Oil Markets Intervention As 'Rumor,' Points To Russian Sanctions Waiver As Short-Term Fix
Treasury Secretary Scott Bessent has officially dismissed speculation that the U.S. government will short oil futures to suppress surging energy prices, opting instead for a temporary easing of sanctions on stranded Russian crude to combat the supply shock ...
Orbán's defeat and US shift raise hopes to unblock EU sanctions on Russia
After Viktor Orbán's defeat at the polls and Washington's decision to phase out waivers for Russian oil, hopes are rising in Brussels that a package of sanctions against Moscow will finally be unlocked.
US may 'unsanction' Iranian oil already at sea, Bessent says
US Treasury Secretary Scott Bessent has signalled a possible easing of sanctions on Iranian oil already at sea as Washington seeks to stabilize global energy markets amid rising prices. "In the