US says pressure brought Iran to nuclear talks

IANS | May 29, 2026 6:53 AM

Washington, May 29 (IANS) The Trump administration claimed that its campaign of military and economic pressure has succeeded in bringing Iran to the negotiating table on its nuclear programme, with Treasury Secretary Scott Bessent arguing that Tehran is now discussing issues that previous US administrations could not get it to address.

China trails US in AI race, says Bessent

IANS | May 29, 2026 6:50 AM

Washington, May 29 (IANS) Treasury Secretary Scott Bessent declared the United States the world's leading artificial intelligence power, arguing that China remains significantly behind as Washington seeks to maintain its technological edge in one of the most consequential strategic competitions of the century.

Oil prices may fall despite Hormuz crisis, says US Treasury Secretary

IANS | May 29, 2026 6:40 AM

Washington, May 29 (IANS) US Treasury Secretary Scott Bessent expressed confidence that global oil prices could decline rapidly once shipping disruptions in the Gulf ease, arguing that energy markets remain well supplied despite tensions surrounding the Strait of Hormuz.

Trump sets three red lines for Iran deal

IANS | May 29, 2026 6:37 AM

Washington, May 29 (IANS) The Trump administration has laid down three non-negotiable conditions for any agreement with Iran, Treasury Secretary Scott Bessent said, insisting that Tehran must surrender its highly enriched uranium, abandon any pursuit of a nuclear weapon and restore free navigation through the Strait of Hormuz.

Trump won't accept 'bad deal' with Iran: US Treasury Secretary

IANS | May 29, 2026 6:25 AM

Washington, May 29 (IANS) US Treasury Secretary Scott Bessent said that President Donald Trump would not accept a "bad deal" with Iran, insisting that any agreement must address Tehran's nuclear programme and guarantee open shipping lanes through the Strait of Hormuz.