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Treasury Secretary Bessent says U.S. will make 'series of announcements' to support oil trade in the Gulf
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Treasury Secretary Bessent says U.S. will make 'series of announcements' to support oil trade in the Gulf

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Bessent sought to calm concerns about a potential energy shock, arguing that oil markets are well supplied even as tensions escalate in the Middle East.

Treasury Secretary Scott Bessent said Wednesday Washington will roll out a series of measures aimed at stabilizing oil shipments through the Persian Gulf, signaling that the government is prepared to step in as geopolitical tensions threaten one of t... [2335 chars]

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Source: CNBC

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