Washington, May 6 (IANS) A group of US senators has accused the Trump administration of handing Russian President Vladimir Putin a financial windfall by pausing sanctions on Russian oil exports during a global energy crisis.In a letter to Treasury Secretary Scott Bessent, 13 top Democratic senators urged the Trump administration to immediately restore sanctions on Russian oil deliveries and intensify efforts to curb Moscow’s energy revenues amid the ongoing Ukraine war.“We urge the Trump Adm…
Washington, May 6 (IANS) US Secretary of State Marco Rubio stepped up pressure on China and Russia over the Strait of Hormuz crisis, warning that countries helping Iran evade sanctions could face economic consequences from the United States.Speaking during a White House briefing, Rubio said the Trump administration was preparing a renewed push at the United Nations while also warning Beijing that its economic interests were being harmed by Iran’s actions in the Gulf.“We’re going to the UN,…
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View MoreWashington, May 6 (IANS) The United States has launched a major naval operation in the Strait of Hormuz to escort stranded commercial vessels and restore shipping through one of the world’s most critical oil routes, with Secretary of State Marco Rubio accusing Iran of illegally “holding the global economy hostage”.Speaking at the White House on Monday, Rubio said President Donald Trump had authorised “Project Freedom” to guide trapped civilian ships to safety after weeks of escalating …
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