The United States has issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products currently stranded at sea. US treasury secretary Scott Bessent said the move, announced on Thursday, was a step to stabilise global energy markets roiled by the Iran war. Bessent said it was “unfortunate” the move could benefit … Read more
In this handout released by the U.S. Navy, aircraft are staged for flight operations on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 2, 2026 at sea. U.S. Navy | Getty Images What you need to know today A vote to force … Read more
Spain’s prime minister, Pedro Sánchez, has defended his government and warned against the use of illegal military action following threats by Washington over his position on the Middle East conflict. Addressing the attacks by the United States and Israel on Iran, Sánchez, leader of the Socialist Party, said his administration was “against this disaster” and … Read more
US and Chinese trade negotiators are slated to meet in mid-March, according to people familiar with… The post US-China Trade Talks: Date Set for March Meeting Before Summit appeared first on Archynetys. Source link
US Treasury Secretary Scott Bessent on Wednesday slammed Europe’s newly concluded trade agreement with India, saying the deal showed the European Union had prioritised commercial interests over its stated support for the Ukrainian people. Speaking to CNBC, Bessent said he was disappointed by Europe’s decision to move ahead with the agreement, which India and the … Read more
US Treasury Secretary Scott Bessent criticised European countries over the trade deal with India on Wednesday.Asked in an interview with CNBC whether the India-EU trade deal threatened US interests, Bessent said countries should do what is best for themselves. But he said he was “very disappointed” with Europe’s actions, especially given the war in Ukraine.“We … Read more
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images On Tuesday, India and the European Union announced a “landmark” free trade deal that would remove or reduce tariffs on … Read more
Scott Bessent (File photo) TOI correspondent from Washington: US Treasury Secretary Scott Bessent signaled a prospective removal of the 25 per cent penalty tariffs on India for its purchase of Russian oil, citing “success” in Washington’s pressure tactics while appearing to disapprove the outreach of the European Union, which is on the verge of concluding … Read more
India Russia crude oil trade (AI image) US treasury secretary Scott Bessent suggested there could be a “path” to removing 25 per cent tariffs imposed on India over its purchases of Russian oil, claiming the penalties have already achieved their aim by sharply reducing Indian imports.Speaking to Politico at the World Economic Forum in Davos, … Read more
US Treasury Secretary Scott Bessent on Tuesday said President Donald Trump does need the authority from the Senate to impose 500 per cent tariffs on countries purchasing Russian oil. Scott Bessent claimed that India has stopped buying Russian oil after Trump’s tariffs. (Reuters) On India, the Treasury Secretary claimed that New Delhi has stopped buying … Read more