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Scott Bessent, the US Treasury Secretary, has been vocal about the evolving geopolitical landscape. Temporary easing of sanctions on Russia led to approximately $2 billion in oil revenues, yet Bessent emphasizes the limited long-term gains for Russia under the current U.S. strategy. Bessent also predicts that the U.S. will regain control over strategic trade routes like the Strait of Hormuz, citing geopolitical shifts. Additionally, Bessent critiques Europe's continued purchase of Russian oil, highlighting the economic implications on the war in Ukraine. The dynamics of U.S. sanctions and commitments to Ukraine, along with Bessent's views on international trade agreements, reflect Washington's nuanced approach to foreign policy and economic alliances.
How does Scott Bessent view the impact of US sanctions on Russia?
Scott Bessent believes US sanctions have a considerable impact on Russia, limiting its economic revenues, particularly from oil sales. Despite temporary easements, Bessent maintains that these measures do not significantly benefit Russia in the long term, showcasing Bessent's confidence in the efficacy of US economic strategies against Russian aggression.
What are Scott Bessent's thoughts on European purchases of Russian oil?
Scott Bessent frequently criticizes Europe's continued purchase of Russian oil, arguing it indirectly finances the war against Ukraine. He underscores the importance of European nations taking more decisive actions and suggests that these purchases undermine their strategic economic and political interests.
Why does Scott Bessent believe the US will control the Strait of Hormuz eventually?
Scott Bessent asserts that the US will eventually regain control of the Strait of Hormuz due to its strategic military and economic positioning. Bessent highlights the importance of this major trade route and reflects confidence in US geopolitical strategies to influence and stabilize crucial international channels.
How is Scott Bessent involved in Ukraine's economic agreements with the US?
Scott Bessent plays a pivotal role in negotiating economic agreements between the US and Ukraine. As Treasury Secretary, he emphasizes the strategic importance of these partnerships, particularly in terms of resource agreements like rare earth minerals, aiming to secure both economic and geopolitical advantages for Ukraine and the US.
What does Scott Bessent say about US support for Ukraine's sovereignty?
Scott Bessent reaffirms strong US support for Ukraine's sovereignty, emphasizing Washington's commitment to facilitating sustainable peace and economic stability in the region. He positions the US as a crucial ally in countering Russian aggression and promoting Ukrainian independence and security.
TOP news Scott Bessent
Bessent accused Zelenskyy of disrupting minerals deal: He ruined what should have been easiest thing in world U.S. Treasury Secretary Scott Bessent said that Ukrainian President Volodymyr Zelenskyy had promised to sign a subsoil deal three times but failed to do so. 31 477 267 Previously in trend: mineral resources agreement
Trump had "sophisticated plan" to bring Ukraine closer to U.S. Zelenskyy prevented it – Bessent U.S. Treasury Secretary Scott Bessent said that Ukrainian President Volodymyr Zelenskyy allegedly prevented White House Chief Executive Donald Trump's "sophisticated plan" to "bring the two countries closer" because Zelenskyy did not sign an agreement on Ukrainian minerals. 25 291 354 Previously in trend: mineral resources agreement
Zelenskyy was asleep: Trump said that Ukraine "behaved rudely" with Treasury Secretary Bessent Donald Trump said that Treasury Secretary Scott Bessent was treated rudely during his visit to Kyiv last week. 21 391 186
Ukraine has signed economic agreement with US, - Svyrydenko Minister of Economy Yulia Svyrydenko and U.S. Treasury Secretary Scott Bessent sign an agreement to establish the U.S.-Ukraine Recovery Investment Fund. 19 965 226 Previously in trend: mineral resources agreement
Zelenskyy on talks with Bessent: I told him to stop tapping contract with his finger President Volodymyr Zelenskyy commented on U.S. Treasury Secretary Scott Bessent’s words that Ukraine should have signed the rare earth metals agreement before the Ukrainian President’s visit to the White House. Zelenskyy believes that Bessent has taken the wrong approach to negotiations. 13 451 68 Previously in trend: mineral resources agreement
Bessent admits that Putin is war criminal US Treasury Secretary Scott Bessent has acknowledged that Kremlin dictator Vladimir Putin is a war criminal. 13 296 26 Previously in trend: War crimes of Russia
Bessent pressured Zelenskyy during meeting, giving only one hour to review mineral resources agreement – NBC News During a bilateral meeting in Kyiv between Ukrainian President Volodymyr Zelenskyy and U.S. Treasury Secretary Scott Bessent, the latter gave the Ukrainian leader only an hour to familiarize himself with the agreement on rare earth resources. 13 001 86 Previously in trend: mineral resources agreement
US may lift sanctions against Russian oil, - Bessent The US Treasury Department is considering lifting sanctions on Russian oil due to the global oil shortage caused by the military operation against Iran. 12 392 125 Previously in trend: U.S. sanctions against Russia Russian oil exports
US ends exemptions for Russian and Iranian oil, - Bessent The US does not plan to extend the exemption allowing the purchase of Russian oil and petroleum products currently in transit at sea. Furthermore, an extension of the one-off exemption for Iranian oil currently in transit at sea is completely out of the question. 11 579 21 Previously in trend: Sanctions against Russia Russian oil exports
Agreement with US on rare earth metals will give Ukraine post-war ’security shield’ - Bessent The agreement on rare earth metals between Kyiv and Washington may leave Ukraine with a ‘security shield’ after the end of the war with Russia. 11 357 70
Europe is effectively financing Russia’s war against Ukraine, - US Treasury Secretary Bessent US Treasury Secretary Scott Bessent said that Europe is buying refined petroleum products made from Russian oil and prioritising trade over support for Ukraine. 11 248 71 Previously in trend: Russian oil exports
US considering all sanctions options against Russia as Putin steps up bombing of Ukraine – Bessent U.S. Treasury Secretary Scott Bessent said that "all options are on the table" for President Donald Trump regarding sanctions against Russia after dictator Vladimir Putin continued bombing Ukraine despite recent peace talks. 7 677 82 Previously in trend: Sanctions against Russia U.S. sanctions against Russia
Bessent calls Dmitriev propagandist who cannot recognize impact of US sanctions on Russia US Treasury Secretary Scott Bessent called Kirill Dmitriev, an envoy of Russian dictator Vladimir Putin, a propagandist who refuses to acknowledge the impact of US sanctions on the Russian economy. 7 322 28 Previously in trend: U.S. sanctions against Russia
US minerals deal does not include direct military guarantees for Ukraine - Bessent The agreement on strategic minerals between Ukraine and the United States will provide Kyiv with ‘economic security guarantees’, but does not include direct military guarantees for Ukraine from the United States. 7 091 80 Previously in trend: mineral resources agreement
US Treasury Secretary Bessent: No economic agreement with Ukraine is currently under consideration Following a dispute between Ukrainian President Volodymyr Zelenskyy and US leader Donald Trump, the US is not considering signing an economic agreement with Ukraine. 6 831 95 Previously in trend: mineral resources agreement
US will continue to provide assistance to Ukraine in exchange for agreement on rare earth metals, - Bessent The United States will continue to support Ukraine in exchange for an agreement on rare earth metals mining. 5 945 76 Previously in trend: Aid to Ukraine
Zelenskyy needs to acknowledge that Europe, not United States, will provide security guarantees for Ukraine – Bessent Security guarantees for Ukraine should be provided by European countries, not the United States. 5 746 68 Previously in trend: Security guarantees from Europe
Ukraine proposed last-minute changes to minerals deal – Bessent U.S. Treasury Secretary Scott Bessent said that Washington is ready to sign an agreement with Ukraine on rare earth minerals, but Kyiv reportedly proposed new amendments at the last minute. 5 586 28 Previously in trend: mineral resources agreement
Russia and Belarus are not on US tariff list because America does not trade with these countries - US Minister Bessent Russia, Belarus, Cuba, and North Korea were not included in the list of countries against which the United States imposed new duties. This is because America does not trade with these countries. 5 345 79 Previously in trend: Trumps tariffs
War would be over in 60 or 90 days if Europe imposed sanctions on buyers of Russian oil, - Bessent US Treasury Secretary Scott Bessent believes that Russia's war against Ukraine would have ended within 60-90 days if European countries had imposed duties on Russian oil buyers. 5 278 50 Previously in trend: Russian oil exports
Greenland should become part of United States, - Bessent US Treasury Secretary Scott Bessent said that Greenland should be part of the United States and warned European countries against increasing their military presence on the island. 5 228 35 Previously in trend: Trump wants to see Greenland as part of US
Ukraine-US deal will allow Trump to negotiate with Russia from position of strength – Bessent The Ukraine–US minerals cooperation agreement marks a new level of economic partnership. 5 057 47 Previously in trend: mineral resources agreement
Russia is actually earning less following lifting of sanctions on its oil, — Bessent U.S. Treasury Secretary Scott Bessent stated that Russia is actually earning less revenue from the sale of its oil after the U.S. temporarily authorized the sale of Russian oil and petroleum products that have already been loaded onto ships. 4 703 48 Previously in trend: U.S. sanctions against Russia
US Treasury Secretary Bessent hands over first draft of partnership agreement to Ukraine - Zelenskyy Ukraine has received the first draft of a partnership agreement from the United States. 4 383 42
US "won’t hesitate" to impose sanctions on Russia’s energy sector if it helps achieve ceasefire in Ukraine – Bessent U.S. Treasury Secretary Scott Bessent said that Washington "won’t hesitate" to impose sanctions on Russian energy if it helps achieve a ceasefire in the war in Ukraine. 4 290 36 Previously in trend: Sanctions against Russia U.S. sanctions against Russia
Trump heads Ukraine Reconstruction Investment Fund under U.S. resource agreement – Bessent U.S. President Donald Trump personally leads the American Investment Fund for Ukraine’s reconstruction, established as part of the resource agreement. 3 986 47 Previously in trend: mineral resources agreement U.S.-Ukraine Reconstruction Fund
Agreement on mineral resources between Ukraine and US is ready for signing - Bessent President of Ukraine Volodymyr Zelenskyy and US President Donald Trump are to sign a subsoil deal on 28 February. 3 918 49 Previously in trend: mineral resources agreement
US and Ukraine could sign minerals deal this week - Bessent The technical negotiations on the minerals agreement between the US and Ukraine were very productive. 3 744 54 Previously in trend: mineral resources agreement
Europe buys weapons for Ukraine from US with a 10% markup, they can use them for security guarantees - Bessent US Treasury Secretary Scott Bescent said that the United States sells weapons to Europe, which then resells them to Ukraine at a 10% markup. These funds could be used to provide security guarantees for Ukraine. 3 421 51 Previously in trend: Security guarantees for Ukraine Selling weapons to Europe
US and China agree on ’highly successful’ framework for Trump-Xi talks - Bessent Representatives of the United States and China have agreed on a "very successful" framework for negotiations, which will form the basis of the upcoming meeting of the leaders of the United States and China - Donald Trump and Xi Jinping. 3 384 25 Previously in trend: Trump meets Xi
US will not hesitate to up Russia’s sanctions if Putin does not negotiate in good faith - Bessent Trump will not hesitate to impose new sanctions against Russia if Russian dictator Vladimir Putin does not negotiate an end to the war in Ukraine in good faith. 3 316 35 Previously in trend: Sanctions against Russia
United States, together with Europe, is trying to stop tragic war in Ukraine, Bessent says U.S. Treasury Secretary Scott Bessent said that the policy of U.S. President Donald Trump does not envisage withdrawing from NATO or severing relations with Europe. Discussions around Greenland’s sovereignty should not be perceived as a signal that Washington has changed its course toward Ukraine. 2 990 29 Previously in trend: US control over Greenland
Bessent: Further sanctions against Russia will depend on peace talks Further US sanctions against Russia depend on the progress of negotiations to end the Russian Federation's war against Ukraine. 2 889 15 Previously in trend: Peace negotiations U.S. sanctions against Russia
India is profiting from cheap Russian oil - Bessent US Treasury Secretary Scott Bescent accused India of profiting from a sharp increase in purchases of Russian oil. Washington considers the situation unacceptable. 2 819 29 Previously in trend: Russian oil exports
Trump is ready to maximize sanctions against Russia, if necessary - Bessent U.S. President Donald Trump is ready to maximize economic sanctions against Russia to force it to peace talks. 2 763 25 Previously in trend: U.S. sanctions against Russia
US has eased sanctions on Russian oil following appeals from several countries, — Bessent The U.S. Department of the Treasury has decided to extend exemptions from oil sanctions against Russia and Iran following requests from a number of countries. 2 749 19 Previously in trend: Lifting sanctions against Russia
EU continues to fund Russian war machine by buying Russian oil, - Bessent The European Union continues to buy Russian oil, thereby fuelling dictator Putin's military machine. 2 707 23 Previously in trend: launch of Nord Stream 2 Relations between USA and EU
US ready to increase pressure on Russia, but support from European partners is needed - Bessent US Treasury Secretary Scott Bessent said that Washington is ready to increase pressure on Russia, but that this requires the support of its European partners. 2 620 36 Previously in trend: U.S. sanctions against Russia
Russia will not benefit significantly from easing of US sanctions, - Bessent US Treasury Secretary Scott Bessent said that temporary sanctions relief will not provide Russia with significant revenues. 2 555 19 Previously in trend: Sanctions against Russia Russian oil exports
US will eventually regain control of Strait of Hormuz, — Bessent U.S. Treasury Secretary Scott Bessent is convinced that the United States will eventually gain control of the Strait of Hormuz, which is currently blocked by Iran. 2 536 39 Previously in trend: Closure of the Strait of Hormuz by Iran
We received American vision of deepening our work - Zelenskyy on meeting with Bessent President Volodymyr Zelenskyy has met with US Treasury Secretary Scott Bessent. 2 414 22
Trump’s invitation to Putin to Alaska was "show of strength" - Bessent The meeting between President Donald Trump and Russian dictator Vladimir Putin in Alaska was a "show of force" by the American president, as Alaska used to belong to Russia. 2 387 52 Previously in trend: Meeting between Trump and Putin
Europeans are financing war against themselves by buying Russian oil, - Bessent United States Secretary of the Treasury Scott Bessent stated that Europe is financing a war against itself by continuing to purchase Russian oil. 2 299 11 Previously in trend: Russian oil exports
US expects Japan to stop importing Russian energy resources - Bessent During a meeting at the IMF, US Treasury Secretary Scott Bessent said that the Trump administration is counting on Japan to stop buying Russian energy resources. 2 253 7 Previously in trend: G7 prepares new levers of influence on Russia EU’s rejection of Russian energy resources
Bessent warns China against buying sanctioned Russian oil: US may impose tariffs The day before, US Treasury Secretary Scott Bessent told Chinese officials that continued purchases of sanctioned Russian oil could lead to tariffs. 2 145 2
US will continue to pressure Russia with sanctions, - Bessent The US Treasury Department has announced its intention to continue imposing sanctions against Russia to limit its illegal revenues. 1 933 4 Previously in trend: U.S. sanctions against Russia
Delegation from Ukraine to arrive in US late this week or early next week to discuss minerals deal - Bessent A Ukrainian delegation will arrive in the United States this week or early next week to discuss a proposed economic cooperation agreement. 1 597 39 Previously in trend: mineral resources agreement
Temporary easing of sanctions brought Russia about $2 billion, - Bessent Russia could have earned about $2 billion from oil sales during the temporary easing of sanctions. Washington does not plan to extend the relevant licenses. 1 581 12 Previously in trend: U.S. sanctions against Russia
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