Posted inGeopolitics

U.S. Treasury Secretary Scott Bessent Says Iran War Inflation Shock Will Be Short-Lived

U.S. Treasury Secretary Scott Bessent said the inflation pressure triggered by the Iran war is likely to be temporary, as Washington tries to contain growing public concern over higher fuel prices and household costs. Speaking before the Senate Finance Committee, Bessent argued that the recent price surge should be viewed as a short-term energy shock […]