Tag: Secretary Scott Bessent

Secretary Scott Bessent has levers he can still pull to keep oil prices stable for a few weeks – Key Points from his Interview on Fox

Clark Savage19

As the U.S.-Israel conflict with Iran roils global energy markets and pushes benchmark crude above $100 per barrel at times, Treasury Secretary Scott Bessent is wielding sanctions policy like a supply-side tool. With the Strait of Hormuz under pressure and Iranian exports partially disrupted, Bessent has already pulled several levers — temporary Russian oil sanctions […]

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Two Oil Tankers Seen at Kharg after U.S. Strikes, Satellite Firm Confirms

Clark Savage14

By Stuart Turley, Energy News Beat In a development that underscores the resilience of Iran\’s oil infrastructure amid escalating geopolitical tensions, satellite imagery has confirmed the presence of two oil tankers at Kharg Island, Iran\’s primary oil export terminal in the Persian Gulf. This sighting comes just hours after U.S. precision strikes targeted military installations […]

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Starmer to Trump: \”You Have No Plan.\” Trump Replies: \”Have You Been Following Venezuela\’s Story?\”

Clark Savage17

In a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran\’s nuclear ambitions and regional influence. Starmer, echoing concerns from European allies, accused Trump of lacking a coherent strategy: \”You have no plan beyond bluster […]

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