Last Updated: November 6, 2026

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  • Tag: oil sector

    Trump imposes toughest-ever sanctions on Russia’s oil sector: Bessent

    Washington: US Treasury Secretary Scott Bessent defended the Trump administration’s record on Russia sanctions, arguing that it has imposed tougher measures on Moscow’s oil sector than any previous US government despite continuing criticism over Washington’s approach to the war in Ukraine. At a White House briefing, Bessent said the administration had taken unprecedented action against.