Bessent, Scott – War Watch

Bessent, Scott | Economic Conditions and Trends | Embargoes and Sanctions | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Strait of Hormuz | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

U.S. Encourages Flow of Iranian Oil While It Battles Iran
ByAlan Rappeport March 19, 2026

Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.

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Bessent, Scott | Embargoes and Sanctions | Europe | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Russia | Russian Invasion of Ukraine (2022) | Treasury Department | Trump, Donald J | United States | United States Economy | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict
ByAlan Rappeport March 13, 2026

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

Read More Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict
Bessent, Scott | International Relations | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Maduro, Nicolas | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026) | US-Venezuela Conflict (2025- ) | Venezuela

Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
ByAlan Rappeport March 11, 2026March 11, 2026

America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.

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Bessent, Scott | Defense Department | Hegseth, Pete | internal-open-access-from-nl | Iran | Iran-Israel War (2025- ) | Iran's nuclear programme | Israel | Israel–Iran War | Leavitt, Karoline | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Rubio, Marco | Ships and Shipping | State Department | Strait of Hormuz | Trump, Donald J | United States Defense and Military Forces | United States Economy | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026) | Vance, J D | War and Armed Conflicts | Wright, Chris (1965- )

How Trump and His Advisers Miscalculated Iran’s Response to War
ByMark Mazzetti, Tyler Pager and Edward Wong March 11, 2026March 11, 2026

In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.

Read More How Trump and His Advisers Miscalculated Iran’s Response to War