US Treasury

U.S. extends Russian oil sanctions waiver

The U.S. Treasury Department extended a sanctions waiver for Russian oil that expired on May 17, Reuters reported on May 18.

18 May, 10:38 PM

U.S. Treasury grants India 30-day waiver to buy stranded Russian oil

The USA issued India a 30-day sanctions waiver, allowing Indian refineries to purchase Russian oil now located on tankers at sea, U.S. Treasury Secretary Scott Bessent wrote on X on March 6.

6 March, 08:26 AM

U.S. sanctions on Rosneft, Lukoil starve Putin's war machine

U.S. sanctions against major Russian oil giants Rosneft and Lukoil are already reducing Moscow’s oil revenues and are likely to reduce the quantity of Russian oil sold in the long term, the U.S. Treasury's Office of Foreign Assets Control (OFAC) stated on Nov. 17, according to Reuters.

18 November 2025, 10:02 AM

Putin’s ‘despicable’ bombings keep U.S. sanctions on the table, Bessent claims

Russia’s “despicable bombing campaign” against Ukrainian cities means that the United States may still impose additional sanctions on Moscow, U.S. Treasury Secretary Scott Bessent said on Sept. 1.

2 September 2025, 01:01 AM

Trump to leverage Ukraine minerals deal to pressure Russia — U.S. Treasury Secretary

U.S. Treasury Secretary Scott Bessent said on May 5 that President Donald Trump plans to use the recently signed critical minerals agreement with Ukraine as a tool to increase pressure on Russia, particularly in the context of ongoing peace negotiations.

6 May 2025, 01:28 PM

No US ‘minerals deal’ this week, Finance Minister Marchenko says

While Kyiv and Washington made progress on negotiating a wide-ranging resource extraction agreement, the deal will not be signed this week, Ukraine’s Finance Minister Serhiy Marchenko said on April 24.

25 April 2025, 12:54 AM

Ticking debt bomb: US may default as early as spring 2025

The US government risks defaulting on part of its $36.6 trillion national debt as early as August — or even by the end of May 2025 — if Congress fails to raise the federal borrowing limit, the Congressional Budget Office warned, Reuters reported on March 26.

30 March 2025, 08:49 PM

U.S. blacklists Chinese giant aiding Putin’s Arctic LNG project

China's Zhoushan Wison Offshore and Marine Co Ltd has been sanctioned by the U.S. Treasury Department for partnering with Russia's Novatek's Arctic LNG 2 LLC project, which has been under U.S. sanctions since 2023, the Interfax-Ukraine news agency reported Jan. 13.

13 January 2025, 10:25 AM

US grants temporary exemption for Gazprombank's civil nuclear activities

The U.S. Treasury Department has granted Gazprombank a temporary exemption from sanctions, allowing it to conduct transactions related to civil nuclear energy until June 30, 2025, as announced by the Office of Foreign Assets Control (OFAC).

19 December 2024, 01:28 PM

US to announce large-scale sanctions package against Russia’s allies in coming days – White House

The U.S. will soon announce a major sanctions package targeting Russia’s allies in its war against Ukraine, White House adviser John Kirby said on Oct. 23.

24 October 2024, 10:04 AM

US prepares to sanction intermediaries supplying goods to Russian military industry

The U.S. government is working on new sanctions aimed at restricting Russia's access to goods essential for its military operations, Treasury Secretary Janet Yellen announced on Oct. 22.

22 October 2024, 10:56 PM

New round of US sanctions targets Russian propaganda

The United States has imposed sanctions several Russianstate propaganda outlets, including RT and its head, Margarita Simonyan, the U.S. Treasury Department announced on Sept. 4.

5 September 2024, 01:10 AM

US sanctions nearly 400 Russian entities

A new package of U.S. sanctions targets approximately 400 Russian nationals and organizations over their role in facilitating the war against Ukraine, U.S. Treasury Department announced on Aug. 23.

23 August 2024, 08:36 PM

Georgian Railways scrap Russian locomotive deal amid US sanctions concerns

Georgia’s state-owned transportation company, Georgian Railways, has canceled an $80.5 million contract to purchase Russian-made locomotives due to U.S. sanctions, NewsGeorgia reported on Aug. 22.

22 August 2024, 02:15 PM

G7 still looking for best way to use Russian assets to aid Ukraine

Western countries are still working on a joint approach to using frozen Russian assets for the benefit of Ukraine, U.S. Deputy Treasury Secretary Wally Adeyemo said at a press briefing in Kyiv on May 29.

29 May 2024, 09:32 PM

Top US Treasury official in Kyiv: Strengthening sanctions, utilizing frozen Russian assets on agenda

U.S. Deputy Treasury Secretary Wally Adeyemo arrived in Kyiv for a visit, the U.S. Embassy in Ukraine reported on Facebook on May 29.

29 May 2024, 04:30 PM

US Treasury