OPEC & Scott Bessent
17 shared events · Importance 3 · Last updated Aug 21, 2026
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International
OPEC: OPEC lowered its demand growth outlook, partially offsetting supply concerns.
Scott Bessent: Treasury Secretary Bessent vowed unprecedented economic isolation measures against Iran, targeting its trading partners.
Jul 15, 2026 · 127 articles
International
OPEC: OPEC+ is expected to halt output increases, supporting prices, but faces supply constraints.
Scott Bessent: As Treasury Secretary, Bessent has imposed sanctions on Iran and commented on the economic impact of the war.
Apr 08, 2026 · 416 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Scott Bessent: As US Treasury Secretary, Scott Bessent>>> believes elevated yields and inflation are transient and will subside when the conflict ends and the Strait of Hormuz>>> reopens.
May 07, 2026 · 362 articles
International
OPEC: Iran is the third-largest producer in OPEC, and the disruption to its oil exports due to the conflict has implications for global oil markets.
Scott Bessent: Scott Bessent, the US Treasury Secretary, is exploring ways to use frozen Iranian assets to aid Gulf allies, indicating a strategic financial move by the US.
Apr 20, 2026 · 508 articles
International
OPEC: OPEC oil output fell to its lowest level in over two decades in April due to disruptions linked to the Strait of Hormuz, indicating reduced supply.
Scott Bessent: Scott Bessent, the Treasury Secretary, declined to confirm an agreement, emphasizing that the decision rests with President Donald Trump.
May 02, 2026 · 472 articles
International
OPEC: OPEC has increased production, which could offset supply disruptions. Its decisions affect oil prices.
Scott Bessent: US Treasury Secretary hinted at a possible deal, indicating economic considerations in the negotiations.
Mar 09, 2018 · 316 articles
International
OPEC: The United Arab Emirates decided to withdraw from OPEC, which could have implications for global oil supply and pricing.
Scott Bessent: Scott Bessent, the US Treasury Secretary, stated that the US naval blockade is part of a broader economic embargo aimed at suffocating the Iranian regime.
Apr 26, 2026 · 590 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Apr 22, 2026 · 302 articles
International
OPEC: OPEC Plus announced an increase in oil production to mitigate the impact of the Middle East conflict on oil prices.
Feb 28, 2026 · 358 articles
International
OPEC: Oil industry experts informed OPEC>>> that supply disruptions from the Strait of Hormuz>>> closure will persist.
Jun 03, 2026 · 17 articles
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