Treasury Secretary Scott Bessent roasted online after conceding he doesn’t “really understand” the spike in oil prices”
Oil prices went up sharply, and Treasury Secretary Scott Bessent said he couldn't explain why. Other lawmakers and commentators disagreed, pointing to an ongoing war with Iran that has lasted roughly six months with no clear end.
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National story. 2 articles from 2 sources. Updated Aug 20, 2026.
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Left
1 sourceBessent Says He Doesn’t “Understand” Oil Price Spike After Trump War Escalation
Center
0 sourcesNo Center coverage yet.
A blind spot on this side of the story.
Right
1 sourceTreasury Secretary Scott Bessent roasted online after conceding he doesn’t “really understand” the spike in oil prices”