U.S. Pauses Sanctions on Some Iranian Oil to Get More to Market
Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.
Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.
The Israeli military said it had killed the spokesman for Iran’s Islamic Revolutionary Guards Corps, and Iran warned that it could target American and Israeli military personnel.
Some of the proposed sales, valued at more than $23 billion, were under review, while others were never sent to Congress. The administration is pushing them through without congressional approval.
For families displaced by Israeli airstrikes, the joy that usually marks the end of Ramadan has been replaced by uncertainty and hardship.
Strikes continued in the region as attacks on energy infrastructure rattled global markets.
President Trump and Prime Minister Benjamin Netanyahu of Israel suggested that the war with Iran could end soon, but that there were still more attacks ahead.
Lasting damage to Ras Laffan Industrial City, the world’s largest liquefied natural gas export plant, would have big consequences for the global energy market.
Several others were injured in the strike, which hit a caravan being used as a hair salon in the town of Beit Awwa, according to Palestinian officials.
A day of strikes on energy facilities and testimony in Washington to members of Congress.
A day of strikes on energy facilities and testimony in Washington to members of Congress.