United States — Strategic Petroleum Reserve & Scott Bessent
7 shared events · Importance 3 · Last updated Jun 11, 2026
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International
United States — Strategic Petroleum Reserve: Reserve fell by 3.7 million barrels to 289.7 million, reflecting supply disruptions and reserve usage.
Scott Bessent: U.S. Treasury Secretary unveiled the sanctions expansion, warning countries to sever ties with Iran or face exclusion from the dollar system.
Aug 25, 2026 · 8 articles
International
United States — Strategic Petroleum Reserve: The United States — Strategic Petroleum Reserve>>> of the United States>>> has seen record drawdowns due to supply losses from the Middle East, indicating the severity of the supply tightness.
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
United States — Strategic Petroleum Reserve: The United States — Strategic Petroleum Reserve>>> of the United States>>> has seen record drawdowns due to supply losses from the Middle East, indicating the severity of the supply tightness.
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
United States — Strategic Petroleum Reserve: The United States — Strategic Petroleum Reserve>>> of the United States>>> has seen record drawdowns due to supply losses from the Middle East, indicating the severity of the supply tightness.
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
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