The Treasury Department announced new penalties on Persian Gulf Marine Insurance and HormuzSafe Marine Services Authority, which it said force commercial vessels to purchase mandatory maritime “insurance” to transit Hormuz.
July 29, 2026GovernmentBusinessSafetyFuel
Treasury revokes waiver for Iranian oil sales
The U.S. Treasury Department revoked a waiver that allowed the sale of Iranian oil in response to attacks on tankers in the Strait of Hormuz.
July 7, 2026GovernmentBusinessSafetyFuelLogistics
U.S. Authorizes Sale of Iranian Oil as Part of Peace Deal
The U.S. Treasury Department issued a license allowing Iran to sell some of its energy exports through Aug. 21. It opens the door for eventually ending many sanctions programs.
June 22, 2026GovernmentBusiness
Global Growth to Slow as Trump’s Tariffs Hit, UN Says
The global economy is forecast to expand 2.7% this year, down from an estimated 2.8% in 2025, the U.N. said in its World Situation and Prospects study released Jan. 8.
January 8, 2026