US President Donald Trump heads to China this week. But this time the shadow of Iran looms over nearly every major discussion. Behind the elaborate ceremonies planned in Beijing, Trump is expected to press Chinese President Xi Jinping to use Beijing’s influence over Tehran as Washington struggles to force an end to the war that …
The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded …
The United States has decided not to extend the temporary waiver that allowed the sale of Russian and Iranian oil already at sea. The announcement comes as US treasury secretary Scott Bessent on Wednesday said, “We will not be renewing the general license on Russian oil,” adding, “That was oil that was on the water …
The United States on Wednesday threatened to sanction countries buying Iranian oil, and said it expects China to scale back purchases as Washington enforces a maritime blockade on Iran. “We believe (that with) this blockade … there will be a pause of Chinese buying,” US Treasury Secretary Scott Bessent said. Speaking at the White House, …