Washington, April 24 (IANS) US Treasury Secretary Scott Bessent said on Friday that Washington’s actions helped prevent global oil prices from surging to $150 per barrel, keeping them closer to $100 amid geopolitical tensions, as he outlined a broader strategy linking energy stability, sanctions policy and financial leadership. Testifying before a Senate panel, Bessent noted that US decisions on sanctions and supply played a key role in stabilising markets during the ongoing conflict.”If we had …
Latest Senator Jack Reed News & Updates
Washington, March 27 (IANS) US lawmakers and military commanders warned that growing threats from China, Russia and other adversaries are rapidly reshaping the strategic landscape, with space emerging as a frontline domain in any future conflict.Opening a Senate Armed Services Committee hearing, Senator Roger Wicker said the United States must “fundamentally update our strategic capabilities” to counter advances by rivals. He noted that Russia and China have moved “by leaps and bounds” i…