US Treasury Secretary Admits He Does Not Understand Reasons for Oil Price Surge

NAMPA / Sputnik
2026-08-20
WASHINGTON, August 20 (RIA Novosti) - US Secretary of the Treasury Scott Bessent said on Thursday that he does not understand the reasons behind the current surge in oil prices, while commenting on new economic pressure measures against Iran. Earlier in the day, US President Donald Trump said that Tehran had not taken the opportunity to reach a deal with Washington, and that the United States was therefore launching a large-scale economic operati......
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