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  • Bessent, Scott | Embargoes and Sanctions | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Ships and Shipping | Strait of Hormuz | Treasury Department | Trump, Donald J | United States | United States International Relations | US and Israeli Attack on Iran (2026) | War and Armed Conflicts

    U.S. Pauses Sanctions on Some Iranian Oil to Get More to Market

    ByAlan Rappeport March 20, 2026March 21, 2026

    Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.

    Read More U.S. Pauses Sanctions on Some Iranian Oil to Get More to MarketContinue

  • Bessent, Scott | Economic Conditions and Trends | Embargoes and Sanctions | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Strait of Hormuz | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

    U.S. Encourages Flow of Iranian Oil While It Battles Iran

    ByAlan Rappeport March 19, 2026

    Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.

    Read More U.S. Encourages Flow of Iranian Oil While It Battles IranContinue

  • Bessent, Scott | Embargoes and Sanctions | Europe | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Russia | Russian Invasion of Ukraine (2022) | Treasury Department | Trump, Donald J | United States | United States Economy | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

    Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict

    ByAlan Rappeport March 13, 2026

    Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

    Read More Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran ConflictContinue

  • Bessent, Scott | International Relations | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Maduro, Nicolas | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026) | US-Venezuela Conflict (2025- ) | Venezuela

    Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions

    ByAlan Rappeport March 11, 2026March 11, 2026

    America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.

    Read More Trump’s Actions in Iran and Venezuela Show Limits of U.S. SanctionsContinue

  • Chevron Corporation | China | Embargoes and Sanctions | Europe | European Union | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Maduro, Nicolas | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Production | Regulation and Deregulation of Industry | Russia | Russian Invasion of Ukraine (2022) | Ships and Shipping | Smuggling | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | Venezuela

    A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet Smuggling

    ByRebecca F. Elliott and Peter Eavis December 12, 2025December 12, 2025

    The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.

    Read More A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet SmugglingContinue

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