"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 ...

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

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

On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...

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

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

The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...

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

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

In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on ...