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
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
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








