Trump's administration estimates Russia's potential gains from sanctions relief
US Treasury Secretary Scott Bessent stated that easing sanctions on Russian oil could yield approximately $2 billion in revenue for Russia, which he considers negligible.
Scott Bessent calls out 'terrible framing' during clash with NBC News host on Iranian oil
Treasury Secretary Scott Bessent defended U.S. policy on Iranian oil during a heated debate with NBC's Kristen Welker regarding the implications of lifting sanctions amidst rising gas prices.
US Treasury chief defends Russian oil sanctions relief, says price cap limits Kremlin gains
U.S. Treasury Secretary Scott Bessent supports the easing of sanctions on Russian oil, arguing it helps stabilize global markets and limits financial gains for Russia.
'Trump is speaking the language that Iran understands,' says US Treasury Secretary
US Treasury Secretary Scott Baesett supports President Trump's confrontational stance towards Iran amid escalating tensions in the Middle East.
"Sometimes you need to increase the tension in order to decrease the tension"
US Treasury Secretary Scott Bessent commented that sometimes increasing tension is necessary to reduce it, in response to a question about Trump's Middle East military strategies.
Bessent: Sometimes you escalate to de-escalate – All options are on the table for Iran
U.S. Treasury Secretary Scott Bessent stated that Washington intends to keep all options open in the conflict with Iran, emphasizing that escalation may be necessary for de-escalation.
The US lifts sanctions on the purchase of Iranian oil that is in transit at sea
The US has temporarily eased sanctions on Iranian oil currently being transported by tankers, allowing for the sale, delivery, or unloading of this oil until mid-April.
US removes sanctions from two Russian nationals
The US Department of the Treasury has lifted sanctions on two Russian citizens, Yurii and Lidiya Korzhavin, who were previously sanctioned for their involvement in the transport sector.
USA opens for sale of Iranian oil for 30 days
The USA has granted temporary permission for the sale and delivery of oil from Iran for the next 30 days, a decision resulting from the US Treasury's new directives.
Trump 'takes it out' on Cuba: Lifts restrictions on Russian crude... but excludes Havana
The U.S. Treasury has excluded Cuba from temporary sanctions relief on Russian crude while the island faces a severe energy crisis further worsened by U.S. oil blockades.
The US prohibits Cuba from receiving Russian oil
The US Treasury Department has announced that Cuba will be barred from receiving Russian crude oil, intensifying the energy embargo on the island.
US Treasury: Lift sanctions on Iranian oil to curb oil prices... shipments to allied countries instead of China
The U.S. Treasury Secretary announced plans to temporarily lift sanctions on approximately 140 million barrels of Iranian oil to suppress rising oil prices and redirect shipments to allied nations.
Trump may lift ban on Iranian oil, US Treasury Secretary makes a significant announcement!
The US is considering lifting sanctions on approximately 140 million barrels of Iranian oil to help increase global supply and reduce soaring prices amidst ongoing tensions in the Middle East.
Trump administration considers lifting sanctions on Iranian oil, says Treasury Secretary
US Treasury Secretary Scott Bessent indicated that the US is contemplating lifting sanctions on Iranian oil to help increase global supply and reduce prices.
Gulf War: The United States Could Lift Sanctions on Already Loaded Iranian Oil
U.S. Treasury Secretary Scott Bessent indicated that the U.S. might lift sanctions on Iranian oil that is already loaded and at sea due to soaring energy prices linked to ongoing conflicts in the Middle East.
The US considers lifting sanctions on Iranian oil that is already loaded and at sea, amidst soaring prices
US Treasury Secretary Scott Bessent announced potential plans to lift sanctions on Iranian oil at sea due to rising energy prices driven by Middle Eastern conflicts.
Besant: The US may lift sanctions on Iranian oil at sea in the coming days
US Treasury Secretary Scott Besant indicated that the US may relax restrictions on Iranian oil currently at sea to stabilize global supply.
U.S. eases Venezuela oil sanctions amid Iran war energy crisis
The U.S. treasury has eased sanctions on Venezuela's oil sector, allowing companies to do business with PDVSA as part of efforts to boost global oil supplies amid rising energy prices due to the Iran war.
Potential Delay for US-China Summit: Trump Prioritizing Response to Iran Situation
US Treasury Secretary Steven Mnuchin suggests that the upcoming US-China summit may be postponed as President Trump focuses on the escalating situation in Iran.
Editorial: Donald Trump Extended a Hand to Russia
The U.S. Treasury's temporary allowance for the sale of Russian oil amid rising global prices showcases a shift in Donald Trump's administration's approach to energy markets and foreign relations.
Discussions with Beijing in Paris were "constructive" and "show the stability of the relationship," says Bessent
U.S. Treasury Secretary Scott Bessent described recent economic discussions in Paris with Chinese representatives as constructive and indicative of stable relations between the two nations.
Besant: The US is currently 'okay' with some ships passing through the Strait of Hormuz
US Treasury Secretary Scott Besant stated that the US is currently accepting the passage of certain Iranian, Indian, and Chinese ships through the Strait of Hormuz, depending on the duration of the ongoing conflict with Iran.
Expert: Little impact when the US eases Russian oil sanctions
US Treasury Secretary Scott Bessent announced a temporary easing of oil sanctions on Russia, allowing other countries to purchase Russian oil still aboard ships, though experts say it will provide little financial benefit to Russia.
TikTok investors must pay a $10 billion fee to the Trump government
TikTok investors involved in a deal to create a US-controlled version of the app are required to pay a $10 billion fee to the US Treasury as part of their transaction.
"Immediately!": Trump's command to Bessent during live broadcast – The trembling voice of the minister when he returned – Video
U.S. Treasury Secretary Scott Bessent was unexpectedly pulled from a live Sky News interview after being summoned by President Trump, leaving him visibly shaken upon his return.
U.S. Treasury Secretary Left Interview at Trump's Call
U.S. Treasury Secretary Scott Beckett abruptly left a live interview to respond to a call from President Trump amid ongoing conflicts in the Middle East.
‘The President is calling you immediately,’ when the finance minister left the interview at Trump's call, Video
During a live interview, U.S. Treasury Secretary Scott Bassett abruptly left to take a call from President Trump amidst concerns about military actions in the Middle East.
US authorizes the temporary purchase of Russian oil to contain price escalation
The US Treasury Department has authorized the temporary purchase of Russian oil in transit to mitigate soaring fuel prices caused by the ongoing war in Iran.
US Eases Constraints: Allowed Trade of Russian Oil
The U.S. Treasury Department has issued a temporary license allowing the trade of Russian oil to mitigate supply issues amid rising prices.
US-China High-Level Trade Talks in Paris on 15-16; Discussing Agenda for Summit This Month
US Treasury Secretary Scott Vessen and Chinese Vice Premier He Lifeng will meet in Paris to discuss agenda items for an upcoming summit between Presidents Trump and Xi.
Will the gasoline prices rise? Hacienda expects 'limited' impact from the conflict between the US and Iran
Mexico's Treasury Secretary minimises concerns over potential fuel price hikes due to the US and Israel's conflict with Iran, citing a robust fiscal mechanism to mitigate effects.
The U.S. will allow the purchase of oil from this sanctioned country
The U.S. Treasury Department announced a temporary authorization allowing nations to purchase in-transit Russian oil to mitigate rising crude prices due to the war in Iran.
US allows sale of Russian oil at sea as Middle East war sends energy prices soaring
The US Treasury Department has temporarily authorized the sale of Russian oil at sea due to rising energy prices triggered by escalating conflict in the Middle East.
US issues new general license related to Russia for oil, says Treasury
The United States has issued a new general license allowing the sale of Russian crude oil and petroleum products until April 11, amidst rising oil prices due to conflicts in the Middle East.
Beset: 'No price would make the Iran war economically unfeasible'
U.S. Treasury Secretary Scott Beset firmly stated that no price would lead him to tell President Donald Trump that the Iran war is no longer economically feasible.
Besent: The US Navy could escort ships through the Strait of Hormuz along with an international coalition
US Treasury Secretary Scott Besent stated that the US Navy may escort vessels through the Strait of Hormuz if it becomes militarily feasible, potentially alongside an international coalition.
US Navy to escort oil tankers through Strait of Hormuz, treasury secretary tells Sky News
The US Navy is set to escort oil tankers through the Strait of Hormuz amid rising tensions due to Iranian attacks on shipping and energy infrastructure.
US and Chinese officials to meet in Paris
US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in France on March 15-16 to advance trade and economic dialogue between the two nations.
Russia Became Rich Selling Crude Oil! The Iran War Has Opened the 'Treasury' for Putin
Due to the ongoing conflict between Iran, the US, and Israel, oil prices have surged, benefitting Russia significantly as it capitalizes on disruptions in oil supply from the Middle East.
Average tax refund tops $3,700 midway through filing season, Treasury says
Taxpayers have received an average tax refund of over $3,700 as the filing season reaches its midpoint, with the Trump administration attributing this increase to new tax breaks.
Trump leans on stablecoins, alarm over fundraising in US banks
Donald Trump supports the increased use of stablecoins to bolster the USD's global role, causing concern among major US banks.
Sudden Change in Trump's Minister's Tone... Tariffs on India Previously Justified, Now Saying This
Scott Bassent, the U.S. Treasury Secretary, has shifted his stance on India's energy tariffs, moving from justifying high tariffs two months ago to advocating for consumer nations to seek alternative sources of energy.
Sanctions on Russian oil could continue to ease, said US Treasury Secretary
US Treasury Secretary suggests that sanctions on Russian oil may be further relaxed.
Iran War: The US has warned of the largest attack yet
US Treasury Secretary Scott Bessent warned that the largest attack on Iran could occur tonight, focusing on weakening Iran's missile capabilities.
US considering lifting sanctions on Russian oil to ease global shortage, Treasury chief says
The US Treasury Secretary indicated that the US is contemplating lifting sanctions on Russian oil to alleviate a global supply shortage.
US considers lifting sanctions on more Russian oil amid rising prices
US Treasury Secretary Scott Bessent suggested that Washington might lift sanctions on Russian oil to improve global supply and control rising prices following the start of the war against Iran.
US considers lifting sanctions on Russian oil – US treasury secretary
US Treasury Secretary Scott Bessent announced that the Biden administration is contemplating lifting sanctions on Russian oil to alleviate a global supply crisis.
New US license allows the purchase, transportation, and resale of gold from Venezuela
The US Treasury Department has issued a new license authorizing American companies to engage in activities related to the exploitation and marketing of Venezuelan gold, previously under sanctions.
The Trump administration allowed the sale of part of Venezuela's gold
The US Treasury Department has authorized certain activities related to the sale and import of gold from Venezuela, coinciding with the restoration of diplomatic relations between the US and Venezuela after the ousting of Nicolás Maduro.
Trump changes his mind: India allowed to buy Russian oil
The U.S. has granted a temporary 30-day exemption allowing Indian refiners to purchase Russian oil amid ongoing geopolitical tensions.