Kuwait & Scott Bessent
13 shared events · Importance 6 · Last updated Mar 24, 2026
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International
Kuwait: Kuwait, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports, with its heavier crude fields requiring months for restoration.
Scott Bessent: Scott Bessent, the US Treasury Secretary, believes the Iran war's impact is short-term volatility for long-term gain, preventing Tehran from developing nuclear weapons.
Apr 08, 2026 · 307 articles
International
Kuwait: Kuwait declared force majeure on oil shipments due to the Strait of Hormuz blockade.
Scott Bessent: Scott Bessent, as US Treasury Secretary, criticized China for hoarding oil during the war, indicating US concerns about global energy market stability.
Apr 11, 2026 · 283 articles
International
Kuwait: Kuwait accused Iran of a failed attack on an island hosting a China-funded port project, highlighting the regional tensions stemming from the conflict.
Scott Bessent: As U.S. Treasury Secretary, Scott Bessent has joined calls for China to use its influence to help reopen the Strait of Hormuz and has overseen sanctions targeting Chinese entities involved in Iranian oil trade.
May 12, 2026 · 27 articles
International
Kuwait: The Kuwaiti Foreign Ministry reported fresh strikes by Iran and its proxies, indicating continued regional tensions.
Scott Bessent: Scott Bessent, US Treasury Secretary, has warned of new economic sanctions on countries doing business with Iran, aiming to inflict more economic pain on Tehran.
Apr 08, 2026 · 702 articles
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