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Home›Global Markets›Trade & Tariffs›Bessent links Ukraine attacks to higher global energy…

Bessent links Ukraine attacks to higher global energy prices

The Treasury secretary said a broader energy shock is being driven mainly by the United States war with Iran, after meeting with Russia’s finance minister.

Reported · Written up by our desk · Trade & Tariffs

New York Times Business reports that Treasury Secretary Bessent said Ukraine’s attacks on Russian oil infrastructure are contributing to higher energy prices globally.

According to the outlet, Bessent made the remarks after meeting with Russia’s finance minister, framing the move as part of a wider energy shock driven primarily by the US war with Iran.

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Sources

NYT BusinessBessent Blames Ukraine for High Energy Prices

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