Secretary Scott Bessent has levers he can still pull to keep oil prices stable for a few weeks – Key Points from his Interview on Fox

As the U.S.-Israel conflict with Iran roils global energy markets and pushes benchmark crude above $100 per barrel at times, Treasury Secretary Scott Bessent is wielding sanctions policy like a supply-side tool. With the Strait of Hormuz under pressure and Iranian exports partially disrupted, Bessent has already pulled several levers — temporary Russian oil sanctions […]

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Two Oil Tankers Seen at Kharg after U.S. Strikes, Satellite Firm Confirms

By Stuart Turley, Energy News Beat In a development that underscores the resilience of Iran\’s oil infrastructure amid escalating geopolitical tensions, satellite imagery has confirmed the presence of two oil tankers at Kharg Island, Iran\’s primary oil export terminal in the Persian Gulf. This sighting comes just hours after U.S. precision strikes targeted military installations […]

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