US Issues New Sanctions On Iran LPG Network

By BPN News Desk June 6, 2026

International

The United States has announced fresh Iran-related sanctions targeting a network accused of smuggling Iranian liquefied petroleum gas to overseas markets. The action is part of Washington’s wider effort to restrict Iran’s energy revenue and disrupt trade routes allegedly used to evade existing

International

US Sanctions 35 Over Iran Shadow Banking

By BPN News Desk April 29, 2026

The United States has imposed sanctions on 35 individuals and entities accused of helping Iran operate a shadow banking network used to move large sums of money and evade sanctions. The action is part of Washington’s wider campaign to restrict Tehran’s access to global financial channels. US Sanctions Iran Shadow Banking Network The US Treasury […]

International

Trump Signature To Appear On US Currency

By BPN News Desk March 27, 2026

US paper currency will soon carry President Donald Trump’s signature, marking the first time a sitting president’s name will appear on American banknotes. The change is being presented by the US Treasury as part of the country’s 250th anniversary commemorations in 2026 and breaks with a long-standing tradition under which paper notes carried the signatures […]

International

US Treasury Scott Bessent Revises View On Tariffs And Inflation

By BPN News Desk February 6, 2026

US Treasury Secretary Scott Bessent said he was mistaken in earlier comments suggesting tariffs would significantly drive inflation, stating updated economic data showed a more limited price impact than previously expected. Scott Bessent Revises Tariff Inflation View Bessent clarified that earlier assessments overstated the inflationary effect of tariffs on consumer

International

US Treasury Says It Can Handle Tariff Refunds

By BPN News Desk January 11, 2026

The US Treasury has said it has sufficient funds to issue refunds if the Supreme Court strikes down tariffs imposed during Donald Trump’s presidency. The statement comes as the top court examines legal challenges to tariffs introduced under emergency powers, which critics argue bypassed Congressional approval. Treasury officials said that even if courts rule against […]

International

Treasury May Owe Refunds If US Tariffs Are Overturned

By BPN News Desk September 8, 2025

U.S. Treasury Secretary Scott Bessent warned that the government may need to refund about half of the tariffs collected under President Trump’s administration if the Supreme Court rules them illegal. The potential refund, amounting to tens of billions of dollars, poses a significant challenge to Treasury finances. Legal Challenges Mount Over Tariff Authority Several lower