Washington, April 23 (IANS) US Treasury Secretary Scott Bessent rejected claims that Iran has gained financially from sanctions relief, telling lawmakers the estimates were inaccurate and overstated.Testifying before a Senate panel, Bessent dismissed assertions that Tehran had received billions in additional revenue during the ongoing conflict.“The $14 billion is a myth,” he said, pushing back against criticism from lawmakers.The exchange came during questioning by Chris Coons, who argued th…
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Washington, April 23 (IANS) US Treasury Secretary Scott Bessent defended a temporary sanctions waiver affecting Russian oil, saying it helped prevent a sharper spike in global prices, even as Democrats warned it could boost Moscow’s war finances and keep fuel costs high.Testifying before a Senate panel, Bessent said the move was aimed at stabilising supply during a volatile period.“Treasury was able to create the more than 250 million barrels on the water,” he said.He added that without th…
Washington, March 14 (IANS) Democratic lawmakers in the US Congress are pressing the Pentagon for answers after reports that a US strike during Operation Epic Fury hit a girls’ elementary school in Iran, killing at least 175 civilians — many of them children — prompting calls for a full investigation, accountability, and stronger safeguards to prevent civilian casualties.Members of the House and Senate said the incident, which reportedly occurred on February 28 near the town of Minab, coul…
Washington, Feb 24 (IANS) US President Donald Trump forcefully rejected media reports that his top general opposes military action against Iran, insisting that any such operation would be “easily won” if ordered, even as senior Democratic lawmakers warned against what they described as a rush towards another Middle East war.“Numerous stories from the Fake News Media have been circulating stating that General Daniel Caine, sometimes referred to as Razin, is against us going to War with Iran…
Washington, Feb 19 (IANS) A bipartisan group of senior U.S. lawmakers has urged Taiwan’s leadership to significantly increase defence spending, warning that partial funding of a supplementary defence budget could weaken efforts to deter PRC “aggression”. U.S. Senators Jim Risch, chairman of the Senate Foreign Relations Committee, Pete Ricketts, and Chris Coons, along with Representatives Young Kim and Ami Bera, led a bipartisan, bicameral letter to the leadership of Taiwan’s Legislati…
Washington, Jan 4 (IANS) US Democratic lawmakers showed their anger and distress in the aftermath of the US raid on Venezuela and capture of Venezuelan President Nicolas Maduro.They said that Congress had not been notified in advance and that US President Donald Trump’s administration had previously lied to Congress about its goal in the oil-rich South American nation. Meanwhile, they demanded an immediate briefing on the operation and on the White House’s next move, Xinhua news agency reported….