US Treasury Secretary Bessent: Sometimes you have to 'escalate to de-escalate'
When asked in an NBS News interview on Sunday if President Donald Trump was “winding down” the war or “escalating” it, US Treasury Secretary Scott Bessent said, they are not mutually exclusive. Sometimes you have to escalate to de-escalate.”
Additional comments
As President Trump always does, he is leaving all options on the table.
We had a very successful bombing campaign against the military installations at Kharg Island, the nexus for all the Iranian oil supply. What could happen with Kharg Island, we’ll see.
Market reaction
Risk sentiment remains in a weaker spot at the start of the week on Monday, with the US Dollar Index rising back above the 99.50 level amid increased safe-haven flows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PAYPAL, INC. : BARCLAYS CUTS TARGET PRICE TO $56 FROM $57
PAYPAL, INC. : BARCLAYS CUTS TARGET PRICE TO $56 FROM $57
IDACORP INC <IDA.N>: BARCLAYS CUTS TARGET PRICE TO $149 FROM $162
IDACORP INC : BARCLAYS CUTS TARGET PRICE TO $149 FROM $162
WEBULL CORP <BULL.O>: SCOTIABANK RAISES TO SECTOR OUTPERFORM FROM SECTOR PERFORM
WEBULL CORP : SCOTIABANK RAISES TO SECTOR OUTPERFORM FROM SECTOR PERFORM
Salzgitter Raised to Buy From Neutral by UBS
Salzgitter Raised to Buy From Neutral by UBS
Crypto prices
More
