treasury department

March 21, New Delhi – The Trump administration has temporarily lifted sanctions on Iran's oil exports for products already loaded onto vessels and stranded at sea since March 20th.This limited, short-term authorization issued by the Treasury Department via a general license is in effect until...

Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...

March 21, New Delhi – The Trump administration granted a 30-day waiver on sanctions related to the purchase of Iranian oil at sea on Friday, marking its latest effort to ease rising oil prices.U.S. Treasury Secretary Scott Besant said in a post on X that the waiver would release around 140...

Washington, March 21 The United States has imposed sanctions on a global financial network linked to Hezbollah, which is designated by Washington as a foreign terrorist organization.“Today, the United States is imposing sanctions to disrupt a global financial network that supports Hizballah...

Washington, March 19 – The United States is considering a series of emergency energy measures, including releasing more crude oil from its strategic reserves and easing restrictions on Iranian oil, as the White House moves to contain rising prices following fresh disruptions in global supply...

Washington, May 13 Amid rising oil prices, the Trump administration has announced a temporary authorization for other countries to purchase Russian oil currently stranded at sea, as there were no immediate signs of an early end to the US war on Iran.The US had granted a similar waiver from...

Washington, March 13 – The United States has temporarily allowed countries to purchase Russian oil stranded at sea, a move that comes days after Washington granted a similar waiver to India as it seeks to stabilize global energy markets amid rising geopolitical tensions.Treasury Secretary...

Washington, March 11 – The White House said that President Donald Trump personally approved a temporary waiver allowing India to purchase Russian oil as part of a broader effort to stabilize global energy markets amid disruptions caused by the ongoing US military campaign against Iran.The...

New York/Washington, March 9 The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to "alleviate" concerns about supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said.However, the move, he...

New York/Washington, March 7 The US has said it has given "permission" to India to purchase Russian oil that is currently on ships floating on waterways, in an effort to ease supply shortages around the world amid the conflict in West Asia."The world has ample oil supplies. Yesterday, the...

New York/Washington, March 6 The US said on Friday that it is "allowing our friends in India" to take the Russian oil already on ships around southern Asia, refine it, and move the stocks into the market quickly to ensure a steady supply and ease pressure amid the West Asia conflict.Earlier...

New Delhi, March 6 The Congress criticized the Modi government on Friday after the US announced a temporary waiver to allow Indian refiners to purchase Russian oil, and asked how long this "American blackmail" would continue.In a post on X in Hindi, Congress general secretary in-charge...

Washington, March 6 – In a significant development, in the wake of the ongoing Iranian war, the Trump administration has authorized a one-month window for India to import Russian crude oil."President Trump's energy agenda has resulted in oil and gas production reaching the highest levels ever...

New York/Washington, March 6 Amid the escalating conflict with Iran, the US said it is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil."President Trump's energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable...

Washington, February 28 – Top Senate Democrats have demanded that the Trump administration return more than $130 billion in tariffs declared illegal by the Supreme Court, escalating a political and legal confrontation over what they called illegally taxed money from American businesses and...

Lucknow, February 27 – The Yogi Adityanath government on Friday issued instructions to disburse salaries and pensions for the month of February before the Holi festival, bringing joy and smiles to the faces of approximately 18 lakh employees and pensioners.This decision will benefit numerous...

Washington, February 25 – The US has imposed sanctions on more than 30 individuals, companies, and vessels linked to Iran’s oil trade and weapons programmes.The Treasury Department said on Wednesday that the action targets Iran’s so-called shadow fleet and networks that supply ballistic...

Washington, February 25 – The United States imposed sanctions on a Russian cyber tool broker and several associated entities accused of acquiring and selling stolen American cyber tools, in what officials described as the first action under a new law aimed at protecting US intellectual property...