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US issues 30-day waiver for stranded Russian oil cargoes amid global supply disruptions

US grants 30-day relief on stranded Russian Oil — How India could benefit

The US Treasury Department has issued a temporary 30-day licence allowing vulnerable nations to access Russian oil cargoes already stranded…

Updated: May 19, 2026 06:24 IST

Bessent denies renewal of US waiver for India to purchase Russian, Iranian oil, issues ‘secondary sanctions’ warning

The warning comes the day after the Treasury Department sent a letter to financial institutions in China, Hong Kong, the…

April 16, 2026 07:49 IST

After giving India ‘permission’ to buy Russian oil, Bessent says US may ‘unsanction’ more crude

US Treasury Secretary Scott Bessent once again emphasised that the US had given ‘permission’ to Indian to buy Russian oil…

Updated: March 7, 2026 19:04 IST

New global 15% tariff from ‘this week’, return to previous rate after 5 months: US Treasury Secretary Bessent

President Donald Trump had announced a 15% global levy last month after the US Supreme Court struck down his sweeping…

March 4, 2026 18:18 IST

US ‘very disappointed’ with ‘mother of all deals’, Bessent asks ‘why did Europe ignore US tariffs on India?’

US Treasury Secretary Scott Bessent has criticised Europe for going ahead with a major trade agreement with India, saying the…

Updated: January 29, 2026 11:13 IST

25% India tariff to be removed? Bessent signals good news over ‘collapsed’ Russian oil purchase

Scott Bessent hinted at potential rollback of the 25% India tariff from the US side.

Updated: January 24, 2026 11:05 IST

‘India has stopped buying Russian oil’: US treasury secy says New Delhi geared down after Trump’s 25% tariff

US Treasury chief Scott Bessent says India has stopped buying Russian oil following Trump’s 25% tariff. He adds Trump doesn’t…

January 21, 2026 06:08 IST

$1,000–$2,000 refunds likely for many Americans in 2026, treasury secretary says

IRS signals biggest-ever tax refunds in US, $1,000–$2,000 likely – Check eligibility

Americans could be heading toward the biggest tax refund season in US history, with many households expected to receive between…

December 26, 2025 11:31 IST

Why Americans could see tax refunds of up to $2,000 in 2026

Trump’s tax law may lead to massive refunds in 2026 as retroactive cuts take effect, boosting IRS payouts for millions…

December 25, 2025 18:13 IST

‘No US recession in 2026’: Bessent sees strong and non-inflationary growth but warns of struggling sectors

Treasury Sec. Bessent predicts robust, noninflationary US growth through 2026.

November 24, 2025 09:49 IST

Scott Bessent hints at income limit on Trump’s $2,000 tariff cheques

What is the income limit for Trump’s $2,000 tariff dividend? Treasury Secy weighs in

The Trump administration is exploring a $2,000 tariff dividend for families earning under $100,000 — but with legal hurdles and…

Updated: November 14, 2025 15:01 IST

Was Trump’s H-1B fee a hoax? Understanding the reason behind turnaround

Trump’s unexpected shift on H-1B visas and foreign students signals a softer immigration stance, influenced by India–US trade talks and…

November 13, 2025 21:13 IST

US Treasury Secretary Scott Bessent said the administration’s goal is to bring in skilled foreign workers to train Americans and then return home.

500% tariffs on China? Bessent pushes ‘Beijing vs world’ agenda after Trump said US wants to help

US Treasury Secretary Scott Bessent again spoke out against China ‘fuelling’ the ‘Russian war machine,’ indicating that numerous senators were…

Updated: October 16, 2025 09:12 IST

US Treasury Secretary Scott Bessent calls India ‘a bit recalcitrant’ in trade talks amid Trump tariff spat

US Treasury Secretary Scott Bessent seeks India and close allies’ support for China’s rare earth export controls

US Treasury Secretary Scott Bessent calls for global unity, including India, to counter China’s rare earth export controls, emphasising a…

October 15, 2025 21:54 IST

'Everything on the table,' says Bessent after Trump's shock 100% tariff threat for China; US 'expects India to…'

‘Expect India to…’: Bessent shares warning for China after Trump’s shock 100% tariff, says ‘everything on the table’

The Treasury Secretary also confirmed that a planned meeting between Xi and Trump remained on track despite the recent trade…

October 13, 2025 19:48 IST

Russian vs US oil: If not for India and China, war wouldn’t have happened, says Bessent

US Treasury Secretary Scott Bessent reiterated his claims that the biggest buyers of Russian oil – India and China -…

Updated: October 10, 2025 09:06 IST

After accusing India of ‘profiteering’ from Ukraine crisis, Bessent turns on Europe for ‘funding the war’

US Treasury Secretary is now blaming Europe for ‘funding’ war against themselves due to Indian connection over Russian oil.

September 26, 2025 09:06 IST

‘Gonna punch your face, beat you’: Bessent threatens aide for talking to Trump about him

The explosive-laden diatribe came during an otherwise cheerful occasion last week as close advisers attended a private dinner.

September 8, 2025 21:27 IST

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