The United States on Wednesday threatened to sanction buyers of Iranian oil and said it believed China would pause such purchases as Washington enforces a maritime blockade on Iran.
U.S. Treasury Secretary Scott Bessent on Wednesday reaffirmed his support for a long-delayed revamp of the International Monetary Fund's quota resources and called on the World Bank to move quickly to support projects to develop critical minerals to diversify supplies away from China.
India’s Rameshbabu Vaishali won the Women’s Candidates Tournament on Wednesday, defeating Kateryna Lagno to secure a World Championship showdown with reigning champion Ju Wenjun of China.