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Scott Bessent

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US imposes sanctions on Iran's largest crypto exchange over ties to IRGC

The US has imposed sanctions against the Iranian crypto exchange Nobitex and its leadership. The platform is accused of assisting the IRGC and the government in bypassing restrictions.

Economy • June 3, 12:38 AM • 17801 views
US announces seizure of $1 billion in Iranian cryptocurrency

The US has taken control of Iranian crypto wallets worth approximately one billion dollars. The asset owners may not have even noticed the loss of access to the funds.

Economy • May 30, 01:56 AM • 5226 views
The US has imposed new sanctions against the sale of Iranian oil

The US restrictions targeted eight vessels and over 15 companies from Hong Kong and Dubai. The sanctions aim to cut off Iran's revenue used for military reconstruction.

Economy • May 29, 12:37 AM • 5252 views
US Treasury Secretary supports the idea of a $250 bill featuring Trump

Scott Bessent supported the idea of a $250 banknote with Trump's portrait for the US Semiquincentennial. The decision to change the law regarding living persons must be made by Congress.

Economy • May 28, 11:38 PM • 5771 views
US Treasury Secretary fails to confirm validity of truce agreement with Iran

Scott Bessent did not confirm the validity of the truce agreement with Iran. Trump demands the opening of the Strait of Hormuz and a halt to Tehran's nuclear program.

Politics • May 28, 10:56 PM • 3693 views
Oman assured the US it will not charge fees for passage through the Strait of Hormuz - Bessent

Oman has assured the US that it has no plans to introduce fees for passage through the Strait of Hormuz. This follows threats of sanctions from Trump and Bessent.

News of the World • May 28, 06:58 PM • 3247 views
The US admits that sanctions no longer force Iran to make concessions

The Trump administration has acknowledged the exhaustion of economic pressure resources on Iran. Despite two thousand sanctions, Tehran continues to sell oil to China.

Economy • May 23, 11:15 PM • 5326 views
US in no rush to extend trade truce with China – Bessent

The US is in no hurry to extend the trade truce with China, which is in effect until November. Beijing is satisfactorily fulfilling the conditions regarding the supply of critical minerals.

News of the World • May 19, 07:03 PM • 3758 views
US imposes new sanctions against Iran's shadow fleet and exchange network - Reuters

The US Treasury Department has imposed sanctions on Amin Exchange and 19 oil tankers. The restrictions target a network of front companies in the UAE, China, and Hong Kong.

Economy • May 19, 05:57 PM • 4464 views
Bessent confirmed that the US will extend the authorization to purchase Russian oil for another month

The US Treasury Department has issued a 30-day license to receive Russian oil stranded at sea. This will help stabilize the market and limit purchases by China.

Economy • May 18, 05:07 PM • 4670 views
US did not extend waiver for Russian oil purchases despite deficit due to war with Iran – media

The Trump administration did not extend the waiver for purchasing Russian oil amid the war with Iran. This decision was made despite the risks of rising fuel prices.

Economy • May 16, 07:27 PM • 4450 views
Trump called negotiations with Xi Jinping "extremely positive" and invited him to the US – what was discussed

Trump called the talks with Xi Jinping positive and invited him to the US for September 24. The leaders discussed Taiwan, artificial intelligence, and Boeing orders.

News of the World • May 14, 01:09 PM • 3867 views
US imposes new sanctions over Iranian oil supplies to China

Washington has introduced restrictions against 12 entities from Hong Kong, the UAE, and Oman. The sanctions target a shadow fleet that transported oil for Iran's needs.

Economy • May 11, 09:41 PM • 4055 views
Oil dropped below $100 amid hopes for peace in the Middle East

Brent crude prices fell below $100 amid progress in negotiations between the US and Iran. The deal involves the opening of the Strait of Hormuz.

Economy • May 7, 01:02 PM • 3217 views
Washington urged Beijing to step up diplomacy regarding Iran ahead of the Trump-Xi summit

Scott Bessent urged Beijing to use diplomacy to unblock the Strait of Hormuz. The issue will be discussed by Trump and Xi Jinping at the summit in Beijing.

News of the World • May 5, 06:38 AM • 3306 views
Trump stated he expects to meet with Xi Jinping despite escalating tensions between the US and China

The US President plans to visit China on May 14-15 to stabilize economic relations. The parties will discuss sanctions and the situation in the Strait of Hormuz.

Politics • May 5, 02:25 AM • 4824 views
US intensifies economic pressure on Iran through the oil sector – Bessent

US Treasury Secretary Scott Bessent announced the final stage of sanctions against Iran. Due to the restrictions, Tehran has already begun to reduce oil production.

Economy • May 3, 08:33 PM • 3513 views
US threatens sanctions for paying Iran fees for passage through the Strait of Hormuz

The US will punish the payment of fees to Iran for passage through the Strait of Hormuz. The ban applies to any payments, even under the guise of charity.

Economy • May 2, 05:55 PM • 5490 views
The US can exert pressure on the RF through additional sanctions, but currently they are lifting them, which Ukraine is feeling — Zelenskyy

President Zelenskyy reported that the US is partially lifting sanctions against the RF due to the situation in the Middle East. This allows the Kremlin to finance the war.

Economy • April 29, 06:33 PM • 3344 views
US imposes sanctions on 35 individuals and companies for helping Iran evade restrictions

The US has imposed sanctions on 35 individuals and companies for assisting Iran in circumventing restrictions. The shadow network financed missile procurement and oil sales.

Economy • April 28, 08:20 PM • 3555 views
Ukraine needs to approve a tax on parcels to maintain funding from the IMF - media

The introduction of VAT on parcels is a condition for IMF funding worth 8. 1 billion dollars. The absence of this law will also block funds from the European Commission.

Economy • April 28, 07:30 PM • 5217 views
US warns of sanctions for companies cooperating with Iranian airlines

Scott Bessent warned of sanctions for companies servicing Iranian airlines. The restrictions apply to fuel supplies and technical support.

News of the World • April 28, 04:55 AM • 4315 views
US will not extend sanctions exemptions for Russian and Iranian oil - Secretary

US Treasury Secretary Scott Bessent stated that they do not plan to extend the exemption for Russian seaborne oil and have completely ruled it out for Iranian oil. The statement comes against the backdrop of the US-Israel war against Iran and the closure of the Strait of Hormuz.

Politics • April 25, 05:40 AM • 12367 views
US allies ask for help due to energy crisis, UAE may receive separate support

US partners in Asia and the Persian Gulf need dollar liquidity. The UAE may receive separate support to stabilize financial markets.

Economy • April 23, 12:04 AM • 3953 views
Bessent explained the extension of the permit for the sale of Russian oil by the request of 10 poorest countries

The US Treasury Secretary extended the sanctions exemption for Russian oil for 30 days. The decision was made after an appeal from the poorest countries at IMF meetings.

Economy • April 22, 04:14 PM • 3027 views
Bessent said the US blockade could force Iran to stop oil production in a matter of days

Scott Bessent announced the blocking of Iranian ports by the US Navy to stop the regime's revenues. All individuals and vessels facilitating trade will be sanctioned.

News of the World • April 22, 04:59 AM • 3942 views
Svyrydenko feels more confident in US support after Washington visit

Yulia Svyrydenko discussed with the US Treasury Secretary the strengthening of sanctions and preventing their lifting. The parties also reviewed investment projects.

Economy • April 17, 09:14 AM • 12103 views
US will not extend Russian oil sanctions waiver - Bessent

Finance Minister Scott Bessent announced the cancellation of sanctions exemptions. The restrictions will apply to oil that was in the water before March 11.

Economy • April 15, 06:41 PM • 6885 views
Trump called pilot's rescue in Iran an "Easter miracle" and faced a wave of criticism

The US President linked the military operation to religion, which sparked outrage among politicians. The pilot was evacuated to Kuwait after a risky mission in Iran.

Politics • April 6, 01:41 AM • 7773 views
Trump's signature to appear on dollar bills in honor of the USA's 250th anniversary

Starting in June, the US will begin printing currency with Donald Trump's signature to commemorate the 250th anniversary of independence. The first banknotes will enter circulation in June.

News of the World • March 27, 02:32 AM • 10837 views