Tag: Secretary Bessent

Europe’s Energy Hypocrisy Has a Price: They Have Paid Billions to Russia Since 2022

Clark Savage475

U.S. Treasury Secretary Scott Bessent has highlighted a core contradiction in Europe’s energy policy amid ongoing debates over Russian diesel supplies. In comments tied to a Trump administration arrangement for Russian diesel releases (initially 300,000 tonnes, with more to follow) to ease prices amid broader supply pressures, Bessent stated that Europe has transferred more money […]

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Secretary Bessent Comments: Iran’s Storage is Full, and Other Comments on China Trip

Clark Savage1028

WASHINGTON/BEIJING – U.S. Treasury Secretary Scott Bessent delivered a stark update on Iran’s oil sector while in Beijing for the Trump-Xi summit, declaring that Iran’s primary export terminal at Kharg Island has reached 100% storage capacity. No oil loadings have occurred in the past three days, ships are neither entering nor leaving, and production shutdowns […]

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