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…
Latest Ukraine War News & Updates
United Nations, Dec 29 (IANS) As the Security Council wallowed in veto-induced inertia in 2025, the UN’s peace-making initiatives moved away towards the White House, which brokered an end to the seemingly intractable Gaza conflict and put others like that between Thailand and Cambodia in check.Yet also, in a symbol of the UN’s enduring global influence, US President Donald Trump, who had constantly denigrated the UN, had to get the Council’s stamp of approval for potential partners to sign…