Bessent Blames Ukraine for High Energy Prices
After meeting with Russia’s finance minister, the Treasury secretary said Ukraine’s attacks on Russian oil infrastructure were contributing to a global energy shock.
Source: New York Times Iran ▾
Oil Jumps for Fourth Straight Day and Diesel Nears Record High
This week’s renewed strikes by the United States and Iran strain the flow of energy and diminish expectations the disruption will end soon.
U.S. Will ‘Economically Asphyxiate’ Iranian Regime, Bessent Says
Speaking on the sidelines of the G20 summit, U. S. Treasury Secretary Scott Bessent expressed optimism that the European Union, Britain and the United Arab Emirates were prepared to join the U.
U.S. Sanctions on Iran Cut Off Students from Tests Needed for Study Abroad
The latest measures have forced the cancellation of English proficiency and graduate exams, isolating many Iranians most eager to foster ties with the world.
U.A.E. To Review Banque Misr, Targeted by Iran Sanctions
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
Long Lines for Gas in Iran Show War and U.S. Blockade Squeezing Supply
The government is struggling to meet a shortfall in fuel and is wary that higher prices at the pump could stir unrest.
Why These Giant Storage Tanks Increasingly Hold Very Little Oil
Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
Diesel Price Nears Record High, Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
What to Know About Bank Melli, Singled Out in U.S. Call for Economic War
Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.
U.S. ‘Economic D-Day’ Targets More Than Just Iranian Oil
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
What’s More Than ‘Maximum’? Trump Faces Limits on Iran Sanctions.
President Trump’s “Economic D-Day” is intended to break the stalemate with Iran. But decades of sanctions have done little to change the country’s behavior.
An ‘Economic D-Day’ That Must Overcome a Troubled History
The U. S. has spent 20 years promising ‘crippling sanctions’ on Iran.
Trump Administration Announces New Series of Sanctions Against Iran
Scott Bessent, secretary of the Treasury, unveiled what the administration describes as its most comprehensive assault to date on Iran’s economy. The plan, called Operation Economic Outcast, would sanction more than 60 entities that aid Iran’s nuclear and missile programs.
A New Effort to Punish Iran
The Trump administration says it will try to cut the country off from the global economy by targeting its trading partners.
U.S. to Unveil Broader Campaign to Cripple Iran’s Economy
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.
Iran Pledges to Defy Trump’s Economic Sanctions
Analysts say Tehran could intensify the dispute militarily after attempts to squeeze its economy. An Iranian official vowed “not a single drop of oil” would leave the Gulf.
Oil Prices Fall Ahead of U.S. Vow to Intensify Economic War Against Iran
Treasury Secretary Scott Bessent is expected to announce an escalation of sanctions aimed at further isolating Iranian trade.
Bessent is expected to announce new measures aimed at isolating Iran.
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.
Iranians Feel the Toll of U.S. Economic Sanctions
Residents in Tehran are experiencing the effects of the “economic D-Day” that President Trump threatened against Iran on Wednesday.