Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

U.S. diesel futures surged more than 5% on Jan. 10, their biggest daily gains since October, and hit a six-month high of $111 ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

Scott Bessent, nominated by President-elect Donald Trump for Treasury Secretary, advocates maintaining the dollar's status, tougher Russian sanctions, extending Trump's tax cuts, and Fed independence.

Indian Oil Corp (IOC) , the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi's Murban, as U.S.

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

Financial sanctions on Russia were introduced following the annexation of Crimea in 2014 and the wider invasion of Ukraine in ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.

On 10 January 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a package of new sanctions ...

Iran is weaker and more vulnerable than it has been in decades, likely since its decadelong war with Iraq or even since the ...