Latest Scott Bessent News & Updates

Washington, April 8 (IANS) Foreign Secretary Vikram Misri has arrived in Washington to review the full breadth of India-US ties and advance cooperation across key sectors, including trade, defence, technology, etc.Misri arrived in the United States late on Tuesday (local time) for a three-day visit and was welcomed by Indian Ambassador to the US Vinay Mohan Kwatra. Taking to X, Kwatra late on Tuesday (local time), said, “Welcomed Foreign Secretary Vikram Misri to Washington, DC. His visit offers…

New Delhi, April 7 (IANS) Foreign Secretary Vikram Misri will visit Washington from April 8 to 10, the Ministry of External Affairs (MEA) announced on Tuesday, adding that the visit will provide an opportunity to review the India-US ties. “The visit will provide an opportunity to review the full spectrum of India-US bilateral relations and advance ongoing cooperation across key areas,” the MEA said in a statement.During the visit, the Foreign Secretary will hold discussions with senior officials…

Washington, March 27 (IANS) U.S. President Donald J. Trump’s signature will appear on future U.S. paper currency, the Treasury Department announced, marking the first time a sitting president’s name will be printed on American banknotes.​ The move comes as the United States prepares to mark its 250th anniversary, also known as the Semiquincentennial.​In a statement, the U.S. Department of the Treasury said Trump’s signature will appear alongside that of Treasury Secretary Scott Bessent…

Washington, March 26 (IANS) US President Donald Trump said on Thursday that Iran is “begging to make a deal” after weeks of sustained American military strikes that he claimed have crippled Tehran’s military capabilities.Speaking at a White House Cabinet meeting, Trump asserted that US operations under “Operation Epic Fury” had “obliterated” Iran’s military infrastructure, including its navy, air force and missile systems.“They are begging to make a deal, not me,” Trump said,…

New Delhi, March 26 (IANS) Reliance Industries Limited (RIL) on Thursday refuted reports that it has purchased Iranian crude, calling these reports “baseless”.Reports earlier claimed that RIL had purchased 5 million ​barrels of Iranian crude after the US administration temporarily removed sanctions on ‌Iranian oil at sea.According to the report, RIL bought the oil from the National Iranian Oil Co.”Reliance Industries Limited categorically rejects recent media reports that the company has pur…

Washington, March 22 (IANS) US Transportation Secretary Sean Duffy has warned that the ongoing conflict with Iran is pushing up fuel and travel costs, saying it is the rising cost burden that is now affecting American consumers even as supply chains remain stable.In an interview on ABC News’ This Week with George Stephanopoulos, Duffy said airlines are not facing supply shortages but are under pressure from higher fuel prices. “It is the cost, right?” he said.The warning comes as fuel pric…

Washington, March 21 (IANS) The United States moved against what it described as a sprawling financial network that channelled more than $100 million to Hezbollah, sanctioning individuals and companies operating across several countries.The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 16 individuals and entities linked to Hezbollah financier Alaa Hassan Hamieh, accusing him of overseeing a network of companies used to launder money and raise funds for the …

Washington, March 21 (IANS) The United States on Friday night issued a narrow, short-term authorisation allowing the sale of Iranian oil already stranded at sea, a move the Trump administration says will quickly boost global supply while maintaining pressure on Tehran, according to the Treasury Department and media reports. Treasury Secretary Scott Bessent said the step is designed to stabilise energy markets amid ongoing conflict and supply disruptions.“Today, the Department of the Treasury i…

Washington, March 21 (IANS) The United States has announced a 30-day sanctions waiver permitting the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Taking to X, US Treasury Secretary Scott Bessent said the decision is intended to quickly stabilise global markets by unlocking already available oil supplies.“By temporarily unlocking this existing supply for the world, the United Stat…

New Delhi, March 20 (IANS) The government on Friday said there has been no price increase on regular petrol for consumers and the hike is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma said that petrol and diesel prices are deregulated and determined by the oil marketing companies (OMCs).OMCs increased the price of premiu…