us treasury department

Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...

Washington, March 21 The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices.US Treasury Secretary Scott Besant said the temporary measure will make available 140 million barrels of...

Tehran, March 14 – Iran accused the United States on Saturday of applying double standards regarding Russian oil, stating that Washington was now "begging" countries to purchase the same crude it had previously tried to block through pressure and sanctions.In a post on X, Iran's Foreign...

Washington, March 14 – The United States has expanded authorizations for Venezuela's energy and petrochemical sectors, a move that could help stabilize global fertilizer and oil supplies – developments closely watched by major importers such as India.The US Treasury Department said the changes...

New Delhi, March 11 – The Congress criticized the BJP-led government on Wednesday, stating that the US has "temporarily allowed" India to "accept" Russian oil, and that this was a "concession" to Prime Minister Narendra Modi.The opposition party's criticism came after White House Press...

New Delhi, March 8 As the conflict in West Asia strains the global oil supply chain, US Treasury Secretary Scott Bessent said the Trump administration is working with the world's largest oil producers, consumers, and refiners to maintain stability in the energy markets."The United States is...

New Delhi, March 7 The Congress on Saturday strongly criticized the Modi government over US officials' remarks on India's purchase of Russian oil, accusing it of being "cowardly and compromised."The opposition party's statement came after the US said it had given "permission" to India to buy...

The US has given India permission to purchase Russian oil that is currently on ships in waterways, aiming to ease supply shortages globally amid the West Asia conflict."The world has ample oil supplies. Yesterday, the Treasury Department authorized our allies in India to begin buying Russian...

New Delhi, March 6 The Congress party on Friday accused the US of pressuring Prime Minister Narendra Modi, alleging that India's strategic autonomy and national sovereignty are under "dire threat." This follows the US announcement of a temporary waiver allowing Indian refiners to purchase...

New Delhi, March 6 Left leaders on Friday questioned the Centre over the US' announcement of a "waiver" for Indian refiners to purchase Russian oil, terming it a "humiliation" of sovereign India.CPI leader P Sandosh Kumar in a letter to Prime Minister Narendra Modi said India's foreign policy...

New Delhi, March 6 Indian refiners have begun purchasing some of the over 15 million barrels of Russian crude currently floating on tankers near the country, as they seek to address supply concerns arising from disruptions in the Middle East.Sources said refiners increased purchases after the...