Brent Crude & Scott Bessent
63 shared events · Importance 12 · Last updated Aug 24, 2026
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International
Brent Crude: Brent crude fell 1.29% to $93.17 as investors took profits ahead of US sanctions announcement, reflecting market uncertainty over supply disruptions.
Scott Bessent: US Treasury Secretary Scott Bessent threatened 'the toughest sanctions in history' on Iran, a key driver of the event.
Aug 23, 2026 · 14 articles
International
Brent Crude: Brent prices rose on supply concerns, trading around $87 per barrel, with weekly gains of about 4%.
Scott Bessent: Treasury Secretary Bessent vowed unprecedented economic isolation measures against Iran, targeting its trading partners.
Jul 15, 2026 · 127 articles
International
Brent Crude: Brent crude slipped 1.5% to $93.02 ahead of U.S. sanctions announcement, after gaining 6.6% last week.
Scott Bessent: Treasury Secretary Scott Bessent is set to announce sanctions on Iran and has announced bond buybacks to restrain yields.
Aug 24, 2026 · 6 articles
International
Brent Crude: Oil prices fell sharply due to optimism over Iran talks, reducing inflation pressures and influencing currency markets.
Scott Bessent: As Treasury Secretary, he confirmed the intervention, pledged 'whatever it takes' support, and hinted at expanding the FIMA facility, boosting market confidence.
Jul 30, 2026 · 162 articles
International
Brent Crude: Brent fell 2.3% to $92, reflecting market concerns over Iran tensions and potential supply disruptions.
Scott Bessent: Bessent is set to provide details of the plan and is pressuring allies and China to join.
Aug 24, 2026 · 11 articles
International
Brent Crude: Brent Crude>>> futures prices rose due to ongoing concerns over tight global supply and the closure of the Strait of Hormuz, despite the waiver's intent to stabilize markets.
Scott Bessent: Scott Bessent>>>, the US Treasury Secretary, announced and justified the extension of the sanctions waiver, emphasizing its role in stabilizing global crude markets and aiding vulnerable nations.
May 18, 2026 · 12 articles
International
Brent Crude: Global oil benchmark; its price has fallen on hopes of a deal, reflecting market expectations of restored supply.
Scott Bessent: US Treasury Secretary; his comments on a possible deal have directly moved oil prices and market sentiment.
Apr 08, 2026 · 321 articles
International
Brent Crude: Brent Crude>>> prices have risen significantly since the start of the war, reaching over $91 a barrel, indicating the conflict's substantial impact on global energy markets.
Scott Bessent: Scott Bessent, the US Treasury Secretary, outlined red lines for any agreement with Iran, including reopening Hormuz, surrendering enriched uranium, and ending its nuclear program.
May 27, 2026 · 338 articles
International
Brent Crude: Brent crude prices are expected to rise due to supply disruptions, with forecasts increased by $11 per barrel.
Scott Bessent: U.S. Treasury Secretary Scott Bessent announced additional economic pressure on Iran, including further isolation and continued blockade, complementing the UAE's embargo.
Mar 09, 2018 · 173 articles
International
Brent Crude: Brent Crude>>> prices have surged significantly due to the disruption of oil supplies through the Strait of Hormuz and escalating tensions between the United States>>> and Iran>>>, impacting global energy markets.
Scott Bessent: Scott Bessent>>>, United States>>> Treasury Secretary, has vowed to use Iranian funds to pay for damage caused to Gulf allies and to offset tolls paid to the Persian Gulf Strait Authority.
Apr 20, 2026 · 607 articles
International
Brent Crude: Brent Crude prices surged to over $100 and remain volatile, reflecting supply disruptions and geopolitical risk.
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
Brent Crude: Brent Crude prices hit $83.07 per barrel due to the Middle East crisis, reflecting the instability in global energy markets.
Scott Bessent: Scott Bessent, the United States Secretary of the Treasury, announced the 30-day waiver for India to purchase Russian oil, emphasizing India's role as an essential partner.
Mar 06, 2026 · 6 articles
International
Brent Crude: Brent crude oil prices eased due to investor optimism about a potential ceasefire extension between the United States and Iran, which could lead to the reopening of the Strait of Hormuz and increased supply.
Scott Bessent: As US Treasury Secretary, Scott Bessent has reiterated Trump's 'red lines' for a deal and has threatened to 'aggressively target' Oman if it facilitates tolls in the Strait of Hormuz, indicating the US stance on sanctions and maritime freedom.
May 18, 2026 · 309 articles
International
Brent Crude: Brent Crude futures are the benchmark for crude prices. The blockade reduces supply, pushing Iranian crude to premiums over Brent and likely supporting Brent prices.
Scott Bessent: As US Treasury Secretary, Bessent threatened Iran with 'the toughest sanctions in history,' escalating pressure and adding uncertainty to oil markets.
Aug 21, 2026 · 6 articles
International
Brent Crude: Brent Crude prices dropped following reports of a potential deal, reflecting market expectations of improved oil supply through the Strait of Hormuz.
Scott Bessent: Scott Bessent, the US Treasury Secretary, predicted that oil prices could come down quickly once a deal between the US and Iran is finalized, indicating the economic impact of the negotiations.
May 27, 2026 · 101 articles
International
Brent Crude: Brent crude futures climbed to $91.71, a four-day gain, reflecting heightened supply risk from Hormuz closure.
Scott Bessent: Treasury Secretary Bessent announced new economic measures on Iran, increasing pressure.
Aug 17, 2026 · 33 articles
Business
Brent Crude: Fell on hopes for U.S.-Iran deal, easing inflation worries.
Scott Bessent: Treasury Secretary, hinted at a deal with Iran to reopen the Strait of Hormuz.
Jul 14, 2026 · 280 articles
International
Brent Crude: Brent Crude>>> prices have been highly volatile and have risen significantly due to the conflict and uncertainty surrounding the Strait of Hormuz>>>.
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
Brent Crude: Brent Crude prices rose due to the ongoing supply crunch caused by the virtual standstill of flows through the Strait of Hormuz.
Scott Bessent: As U.S. Treasury Secretary, Scott Bessent commented on the slow removal of the U.S. blockade, providing insight into potential economic aspects of a deal.
May 24, 2026 · 104 articles
International
Brent Crude: Brent Crude>>> prices were down on Thursday, trading below $92 a barrel, but could rise to $150 if the Strait of Hormuz>>> remains shut.
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
Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.
Scott Bessent: Scott Bessent, U.S. Treasury Secretary, reassured about the temporary nature of the sanctions waiver on Russian seaborne oil.
May 05, 2026 · 374 articles
International
Brent Crude: Brent crude has risen to three-week highs above $91, reflecting supply fears. Higher oil prices are a key market impact.
Scott Bessent: Treasury Secretary Bessent threatened economic isolation for Iran, adding to pressure.
Jul 31, 2026 · 335 articles
Domestic
Brent Crude: Brent Crude, as an international benchmark crude oil, saw its price rise significantly during the conflict, directly influencing the cost of gasoline. Its fluctuations are a key factor in the debate over pump prices.
Scott Bessent: Scott Bessent, the Treasury Secretary, warned producers and refiners of potential administrative action if pump prices do not decline sharply.
Apr 20, 2026 · 25 articles
International
Brent Crude: Oil benchmark rising due to supply disruption, affecting global energy costs.
Scott Bessent: US Treasury Secretary announcing further sanctions on Iran, escalating economic pressure.
Aug 12, 2026 · 174 articles
International
Brent Crude: Brent Crude prices are reacting to the deal's prospects, with volatility reflecting market uncertainty.
Scott Bessent: US Treasury Secretary hinted at a possible deal, indicating economic considerations in the negotiations.
Mar 09, 2018 · 316 articles
International
Brent Crude: Brent Crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
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
Brent Crude: Brent Crude>>> prices have fluctuated significantly due to the conflict and hopes for a peace deal, reflecting the impact on global energy markets.
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
Brent Crude: Brent Crude futures dropped, potentially easing some pressure on Japan's import costs, though the fundamental drivers of Japan — Japanese yen weakness persist.
Scott Bessent: Scott Bessent, the US Treasury Secretary, met with Japanese Finance Minister Satsuki Katayama, and they agreed on taking bold steps on currencies if needed.
Apr 20, 2026 · 50 articles
International
Brent Crude: Brent Crude prices are influenced by global geopolitical events and supply disruptions, with its trading upwards reflecting market volatility and anxieties over supply bottlenecks.
Scott Bessent: Scott Bessent, US Treasury Secretary, had previously indicated that the US waiver would not be renewed, though a short-term extension was later issued.
May 18, 2026 · 21 articles
International
Brent Crude: Brent Crude>>> prices have spiked due to the conflict and the effective shuttering of the Strait of Hormuz>>>, reflecting the market's reaction to supply concerns.
Jun 03, 2026 · 17 articles
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