Friday, September 18, 2026
U.S.-China talks could shift to sanctioned oil, says Treasury Secretary- oil and gas 360

U.S.-China talks could shift to sanctioned oil, says Treasury Secretary

(World Oil)– U.S. Treasury Secretary Scott Bessent said the next round of U.S.-China talks could include a discussion of China’s purchases of Russian and Iranian oil, a signal that the focus could shift from more traditional trade issues to ones that cross over into matters of national security.   “Trade is in a good place,” Bessent said on CNBC, referring

Trump hints at sanctions for Russian crude, oil prices go up- oil and gas 360

Trump hints at sanctions for Russian crude, oil prices go up

(World Oil)– West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump said he plans to make a “major statement” on Russia on Monday and reiterated criticism of President Vladimir Putin. One sanctions bill, which at least 85 senators have endorsed, would levy 500% tariffs on China and India if they make any purchases