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Scott Bessent Says Iran Blockade Will Continue

By BPN News Desk May 2, 2026
scott bessent
International
  US Treasury Secretary Scott Bessent has said Washington will continue its blockade linked to Iran until freedom of navigation is restored in the Strait of Hormuz, while sharply criticising Iran’s leadership amid rising tensions in West Asia. US Treasury Secretary Targets Iran Leadership
scott bessent
International

Scott Bessent Comments On India’s Russian Oil Waiver

By BPN News Desk March 7, 2026
US Treasury Secretary Scott Bessent has commented on the decision to grant India a temporary waiver allowing the purchase of certain Russian oil shipments, saying India has handled the situation responsibly amid global energy disruptions. His remarks come as Washington navigates energy supply concerns linked to geopolitical tensions and sanctions on Russian exports. Scott
scott bessent
International

US Treasury Scott Bessent Revises View On Tariffs And Inflation

By BPN News Desk February 6, 2026
US Treasury Secretary Scott Bessent said he was mistaken in earlier comments suggesting tariffs would significantly drive inflation, stating updated economic data showed a more limited price impact than previously expected. Scott Bessent Revises Tariff Inflation View Bessent clarified that earlier assessments overstated the inflationary effect of tariffs on consumer

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