US Treasury Secretary plans to discuss cutting Russian and Iranian oil purchases in talks with China
US Treasury Secretary Scott Bessent intends to include the reduction of Russian and Iranian oil purchases on the agenda for upcoming negotiations with China, according to sources cited by The Wall Street Journal. WSJ describes the idea as a “complex compromise.”
The US Treasury may announce measures today aimed at curbing rising energy prices, including the use of futures markets for oil. This move demonstrates a proactive stance toward regulating the energy sector amid evolving international economic relations.
These talks could be pivotal in shaping global energy supply policies and are likely to influence oil price trends in the near future.
