Disrupted supplies have put upward pressure on prices worldwide, Scott Bessent has said
Ukrainian attacks on Russian energy infrastructure have fueled a global “energy shock” and pushed prices higher, US Treasury Secretary Scott Bessent claimed. The disruption has compounded strains caused by the Iran war, he added.
Ukraine has ramped up long-range drone strikes against Russia’s energy sector this year, targeting oil refineries, storage facilities, and export infrastructure deep inside the country. Kiev says the campaign is aimed at weakening Russia’s ability to finance and maintain its military operations.
Speaking to Fox on Wednesday, Bessent…
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