Bessent: Ukraine Partly to Blame for US Energy Shock — SkimNews
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- Scott Bessent on Wednesday partially blamed Ukraine for the "energy shock" pushing up American energy prices.
- The energy shock, per Bessent, stems from the Iran war and Russia's 4½-year war with Ukraine.
- Bessent made the remarks on "Fox & Friends" alongside co-host Brian Kilmeade.
- Bessent said the Trump administration's trade war with Canada will have "virtually no impact on American prices."
Why it matters: Bessent's framing on Fox & Friends channels blame for rising energy costs toward Ukraine and the Iran war while asserting the Canada trade war won't move prices — a messaging posture that shields administration policies from accountability even as American consumers face higher bills.
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