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Russia, Bessent and Ukraine
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque
Bessent says he'd support potential tougher sanctions to force Russia to the negotiating table on Ukraine
Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If President-elect Trump requests it,
Bessent Says '100% On Board' With Stronger Russia Sanctions
Donald Trump's Treasury secretary nominee Scott Bessent said Thursday he would support tightening sanctions on Russia if the incoming president saw it as a way toward ending the war in Ukraine.
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports that strategy as a way to end the war in Ukraine.
Russia, sanctions
US issues fresh round of sanctions against Russia ahead of Trump return to White House
The United States on Wednesday imposed hundreds of sanctions targeting Russia in an action that seeks to increase pressure on Moscow in the final days of the Biden administration and protects some of the sanctions it has already imposed ahead of Donald Trump's second presidential term.
Russian oil transport costs triple under new US sanctions
The cost of transporting Russian oil through the "shadow fleet" has tripled following the implementation of the latest American sanctions package, Bloomberg reported on Thursday, noting that experts anticipate further price increases.
US imposes more sanctions on Russia
The outgoing US government has announced additional sanctions on Russia shortly before the end of President Joe Biden's term. The measures are directed against around 250 individuals and entities associated with the Russian defence industry,
1h
on MSN
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
1d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
5h
on MSN
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...
5d
on MSN
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
2d
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
6h
on MSN
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...
Santa Rosa Press Democrat
2d
Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
6d
on MSN
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...
5h
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
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