Bessent's remarks about lifting sanctions on Iranian oil to curb rising gas prices were met with confusion and criticism.

March 16 (Reuters) - The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyber ...

Treasury Secretary Scott Bessent said Thursday that the United States may lift sanctions on Iranian oil already in transit to ...

Gas prices hit an average of $3.89 a gallon nationwide and global oil prices surged after Israel attacked a critical Iranian ...

Treasury Secretary Scott Bessent said early Thursday that the U.S. may lift sanctions on Iranian oil that is already in ...

Beijing has long been Iran’s key financial backer and oil buyer, but projection of stability and relations with the US ahead of Xi-Trump summit take precedence ...

The U.S. may soon remove sanctions on Iranian oil stranded on tankers at sea, Treasury Secretary Scott Bessent said on ...

Treasury Secretary Scott Bessent said the U.S. may lift sanctions on Iranian oil already at sea in the coming days, to ...

Sanctioned by China in 2020, US Secretary of State Marco Rubio is expected to join President Donald Trump’s upcoming visit to Beijing as the two countries prepare for high-level talks.

Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy.

WASHINGTON, United States — US Treasury Secretary Scott Bessent said Thursday that Washington might lift sanctions on Iranian oil that is already being shipped, as energy prices soar due to the war in ...

From buying oil to selling rocket parts, these are some of the ways China is giving Iran critical support.