Scott Bessent Blames ‘Energy Shock’ Partly on Ukraine, Says Kyiv ‘Wants to Blow Up Russian Energy Assets’ as Iran War Keeps Oil Prices Elevated
Scott Bessent blames Ukraine’s strikes and the U.S.-Iran war for high global energy prices, but Ukrainian officials say otherwise.
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Why It Matters
A top U.S. official says wars in Ukraine and Iran are making energy prices stay high around the world. When energy costs more, companies that use lots of fuel have to spend more money, which can affect their profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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