July 06, 2026
Scott Bessent directs a team to assess damage costs in Gulf allies
High-level engagement between US and Chinese leadership is expected across several global summits
Treasury Secretary Bessent says temporary sanctions easing aims to avoid disruption in global oil markets
He says Trump and Xi currently have “good working relationship”
The 30-day waiver is set to expire on Apr 11 unless it is extended
US ‘fine’ with some ships passing through Hormuz
Russian oil imports by India have fallen to a two-year low
Bessent cites geopolitical chess match with Russia, China
