US Sanctions Pakistani Entities Over Alleged Links To Iran’s Defence Procurement Network
The United States sanctioned Pakistani-linked entities over alleged support for Iran’s defence procurement and military supply networks.
Global Oil Prices Ease After US Announces 30-Day Waiver For Russian Oil Purchases
Global crude oil prices edged lower after the US announced a 30-day waiver allowing countries to buy Russian oil already in transit, aiming to stabilise energy markets.
Putin Calls US Sanctions ‘Serious’ But Says Russia’s Economy Will Remain Stable
Russian President Vladimir Putin said US sanctions on Rosneft and Lukoil are serious but will not significantly impact Russia’s economy.
US, China Sign Deal To Roll Back Tariffs For 90 Days
US and China agreed on Monday to a 90-day rollback of tariffs, effective from May 14, the Treasury Secretary made the announcement.
White House Considers Tapping Gold Reserves To Acquire Bitcoin: A Strategic Shift In Digital Assets
In a groundbreaking proposal, the White House is considering selling part of the US gold reserves to buy Bitcoin.
US Treasury Officials in India Advocate for Oil Price Cap to Curb Russian Profits and Ensure Global Energy Stability
Following Russia's invasion of Ukraine in February 2022, the G7 nations, along with the European Union and Australia, collectively enforced a price cap.
