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SignificantEconomythehill·Treasury Department

Bessent partly blames Ukraine for ‘energy shock’ pushing up prices

Treasury Secretary Scott Bessent partially blamed Ukraine for the energy shock caused by the Iran war and Russia's war with the Eastern European country. Bessent also stated on "Fox & Friends" that the Trump administration's trade war with Canada will have virtually no impact on American prices.

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Wednesday, September 2, 2026 at 01:43 PM EDT
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