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News world ‘Shut Down Around The World’: US Warns Iranian Airlines Face Global Blackout From Wednesday Last Updated:September 22, 2026, 12:46 AM IST Scott Bessent said foreign airports and companies risked losing access to the US dollar system if they continued to provide services to Iranian carriers. US Treasury Secretary Scott Bessent. (IMAGE: REUTERS) US…
US Treasury Secretary Scott Besant has criticized Canada’s attitude towards the trade agreement with the US. He compared Canada to a small barking dog bothering a big dog. In an interview with Fox News, Besant said that the impact of the trade war with Canada on US prices would be very minor. He also accused…
America has imposed new sanctions on 5 important sectors of Iran’s economy. Which Iran uses for its economic activities in other countries. These include the sectors of digital assets (such as cryptocurrencies), technology, gold, aviation and shipping. America wants to stop Iran’s earnings and international business through these sectors. That is, if any company or…
News world US ‘Economic D-Day’ Against Iran: Treasury Secretary Bessent Warns Of ‘Greatest Financial Offensive’ Last Updated:August 24, 2026, 07:34 IST Iran warned that it could suspend all oil exports through the Hormuz and other parts of the Persian Gulf if the US proceeds with what Tehran describes as an “economic war”. File image of…
News world ONGC Gets US Nod To Resume Full Oil Operations In Venezuela After Years Of Sanctions Curbs Last Updated:August 20, 2026, 12:12 AM IST ONGC secured a US Treasury OFAC license to resume full operations in Venezuela, removing sanction-related hurdles and allowing potential expansion and new agreements. People pass by in front of the…
The United States on Tuesday revoked, with immediate effect, a sanctions’ waiver that had allowed the purchase of Iranian oil without attracting US penalties, saying its ceasefire agreement with Tehran was “entirely performance-based” and that Iran had failed to uphold its commitments after attacks on commercial vessels in the Strait of Hormuz prompted fresh American…
The United States is considering redirecting Iranian assets to help Gulf allies recover from damage linked to Iranian attacks, a source familiar with the matter told Reuters. The proposal would allow the assets to be used not only for rebuilding and repairs in the event of future attacks but also to compensate partners for losses…
Iran has said that in the current situation the Strait of Hormuz will not be reopened. Iranian Parliament Speaker Mohammad Baqer Ghalibaf said that this is not possible amid ceasefire violations. Ghalibaf alleged that the US blockade is targeting Iranian ports and is like holding the global economy hostage. He said that complete ceasefire is…
America has decided to stop the discounts being given on oil purchases from Russia and Iran. US Treasury Secretary Scott Besant said on Wednesday that we will not renew the exemption given on Russian oil. Earlier on Tuesday, the Treasury Department had also banned the discount on Iranian oil. Speaking to reporters during the White…
New Delhi11 minutes ago copy link The Trump administration has granted a 30-day relaxation in sanctions on the purchase of Iranian oil. This exemption is only for the purchase of Iranian oil tankers present at sea. US Treasury Minister Scott Besant announced this. According to the website of the Treasury Department, this exemption is for…