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June 11, 2026

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US Treasury

US eyes Iran assets for Gulf reconstruction
US eyes Iran assets for Gulf reconstruction

Scott Bessent directs a team to assess damage costs in Gulf allies

G7 will confront China with imbalances data: Bessent
G7 will confront China with imbalances data: Bessent

He claims of warning allies about Chinese exports flood without trade protections

US renews Russian oil sanctions waiver
US renews Russian oil sanctions waiver

The second waiver extension is requested by poor and vulnerable countries, a source says

US blocks Iraq dollar shipments to squeeze Iran militias: WSJ
US blocks Iraq dollar shipments to squeeze Iran militias: WSJ

Washington has blamed “Iran-aligned militias” for recent drone attacks

China 'unreliable partner' by hoarding oil: Bessent
China 'unreliable partner' by hoarding oil: Bessent

He says Trump and Xi currently have “good working relationship”

US ‘likely to extend’ Russian oil waiver
US ‘likely to extend’ Russian oil waiver

The 30-day waiver is set to expire on Apr 11 unless it is extended

US Treasury urges G7, EU to tariff China, India for Russian oil
US Treasury urges G7, EU to tariff China, India for Russian oil

Trump says more bank and oil sanctions, along with tariffs, could pressure Russia

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