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SCOTT BESSENT SANCTIONS
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
US set to release $12 billion in frozen Iranian assets amid peace deal framework: ReportA peace deal between the US and Iran is set to be signed, but a dispute over $12 billion in frozen Iranian assets threatens to derail it. W...
US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
US sanctions Iran's largest crypto exchange over IRGC linksAmerica has imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex. The US accuses the exchange of helping Iran's government ...
US seized $1 billion in Iranian crypto, Scott Bessent says; claims Tehran facing financial crisisUS Treasury Secretary Scott Bessent announced the seizure of approximately $1 billion in Iranian cryptocurrency assets as part of "Operatio...
'Very close': JD Vance says US nears agreement on Strait of Hormuz, Iran nuclear setbackUS Vice President JD Vance said Washington is "very close" to achieving a broader strategic agreement in West Asia, asserting that recent U...
US imposes fresh sanctions on Iran's military oil sales, Treasury saysAmerica has imposed new sanctions on Iran's military oil trade. This comes as a tentative agreement is reached to extend a ceasefire and li...
US Treasury chief says to halt Iran airlines' access to landing spotsThe United States is intensifying pressure on Iran. Treasury Secretary Scott Bessent announced measures to block Iranian airlines' access t...
Iran-US war restarted? Tensions rise as Washington, Tehran resume attacks amid truce talks: Check key developmentsFresh US strikes targeted Iran's drone control center near Bandar Abbas after Iranian forces fired on a US tanker in the Strait of Hormuz. ...
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
US imposes sanctions on Iranian agency trying to control shipping in the Strait of HormuzThe Trump administration imposed new sanctions on Iran's newly formed agency controlling shipping through the Strait of Hormuz. This econom...
US Senator urges sanctions on entities paying Iran for passage via Strait of HormuzUS Senator Tom Cotton has called on the Treasury Department to sanction entities aiding Iran's control over the Strait of Hormuz. He specif...
US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
US extends sanctions waiver on Russian oil for 30 days, Bessent saysWashington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Ru...
'Will call on G7 to follow sanctions regime on Iran,' says US Treasury Secretary BessentUnited States Treasury Secretary Scott Bessent will ask G7 finance ministers to implement sanctions. The goal is to stop funding for Iran's...
Iran war: Trump administration allows Russia oil sales waiver to expire despite tight marketThe Trump administration let a waiver for Russian oil sales expire. This happened even as the Iran war caused worries about global oil supp...