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Scott Bessent

Scott Bessent
Scott Bessent is a prominent figure in American finance and currently serves as the US Treasury Secretary, a role he assumed in January 2025. His responsibilities include maintaining a robust economy, fostering growth, managing government finances and addressing global economic threats. Previously, Bessent was Chief Investment Officer at Soros Fund Management, where he achieved significant returns, notably during the 1992 British Pound crisis. He also founded Key Square Group, a global macro investment firm. With four decades in global investment, his expertise spans currency markets and macroeconomic trends, making him a key advisor on international trade and economic policy.
US, Israel war on Iran

‘Wartime’ in Iran and Trump’s extended blockade: here’s what happened overnight

As the US president hit out at Germany’s chancellor, Iran said it did not consider the war to be over, while the UAE pulled out of Opec.

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Trump urged by Democrats to keep US ban on Chinese cars as Xi meeting looms

US sanctions China-based oil refinery and 40 shippers over Iran oil

Hengli Petrochemical’s facility in Dalian can process 400,000 barrels per day, making it one of the biggest independent refineries in China.

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