US extends waiver on Russian oil sanctions
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US Treasury Secretary Scott Bessent said the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days. Oil prices have been above $100 per barrel for much of the past two weeks as Iran has closed the Strait of Hormuz to shipping and has attacked tankers.
Treasury Secretary Scott Bessent clashed with NBC's Kristen Welker on Sunday as the two debated the effects of the war with Iran, specifically with regard to oil, as gas prices have skyrocketed since the war began. Welker pressed Bessent on why the ...
Kaitlan Collins relentlessly called out Trump ally Scott Perry as he tried to dismiss the consequences if Trump were to lift sanctions on some Iranian oil.
Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions, targeting banks and customers flouting the ban.