"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

In his final week in the White House, the president has made it much more difficult for his successor to undo Russian ...

Many of the vessels transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia ...

A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...

The presidents of Russia and Iran have held talks in the Kremlin before the signing of a broad cooperation pact to deepen ...

Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on ...

U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

Separately, the Keremet Bank in Kyrgyzstan is being sanctioned for coordinating with Russian officials and a U.S. bank to ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...