Bessent stated an energy shock due to Ukraine's strikes on Russian facilities

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US Treasury Secretary Scott Bessent stated that the world is experiencing an energy shock, citing Ukraine's strikes against Russian energy infrastructure as one contributing factor. He noted that these actions are creating upward pressure on global prices, alongside the ongoing conflict in Iran. Meanwhile, Russia is facing a growing shortage of fuel, with gasoline production in late August reportedly falling to about 70% of domestic consumption. Furthermore, the maritime export of Russian oil products decreased by approximately one-third in July compared to the previous year.