Senate Democrats challenge Russian oil waiver—Moscow revenues hit two-year high
A Delaware senator walked the Treasury Secretary through the loop. The March oil numbers closed it.
Browsing Tag
Scott Bessent
12 posts
The US waiver was meant to stabilize markets. Russia’s oil income jumped $890 million in a week.
Bloomberg data shows the $28 penalty Western sanctions built into every Russian barrel has nearly vanished.
Abu Dhabi: the scaffolding beneath peace—and the house nobody is building
Prisoners come home. The hard questions don’t even have a table yet.
“What else is he going to say?” US Treasury head dismisses Russian “propagandist” Dmitriev’s claims that sanctions don’t hurt
Dmitriev claimed sanctions would have no impact, but Bessent stresses that oil profits down 20%, inflation above 20%, and Russia’s wartime economy reeling.
Reuters: Trump could unleash new sanctions on Russia’s economy, but waits to see if Europe dares move first
The White House weighs penalties on banking and oil exports even as it tests allies’ resolve, officials told Reuters.
Russia politely asks US to continue Ukraine negotiations after Trump sanctions oil giants
After new US sanctions on Rosneft and Lukoil, Russia’s Foreign Ministry avoided harsh criticism and instead urged Washington to continue talks on a “political settlement” for Ukraine.
Trump finally acts after months of hesitation — Russia’s Rosneft and Lukoil now sanctioned
The US Treasury blocks all assets in the US and urges foreign banks to avoid dealings with Russia’s energy sector.
Bessent: Ukrainian delegation may visit US this week or next to go over proposed mineral deal
Treasury Secretary Scott Bessent announced that a Ukrainian delegation is expected to arrive in the United States either…
Trump now wants entire Ukrainian resource revenue in updated minerals pact offer
The new deal requires Ukraine to repay all free US aid since 2022, plus pay 4% interest per year before it can access any profits. Zelenskyy says the terms keep changing.
Bessent reveals if U.S. is ready to connect Russia back to SWIFT
U.S. Secretary of Treasury Scott Bessent discusses the future of sanctions
Axios: US offers Ukraine “improved” minerals deal after Trump-Zelenskyy clash
This comes after Ukraine previously refused to immediately sign terms granting the US 50% of revenues from its trillion-dollar reserves. Sources say now a deal is more likely.
Ukraine rejects US proposal demanding half of its mineral resources
The Trump administration sought 50% of Ukraine’s minerals as compensation for past donated aid, but Kyiv refused, demanding security assurances.