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
India Today
US says it may lift sanctions on Iranian oil stranded in tankers to calm prices
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.
Fox News
Scott Bessent calls out 'terrible framing' during clash with NBC News host on Iranian oil
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 ...
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.