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U.S. Treasury Secretary Beset stated that he is not concerned about the long-term financial costs associated with a 'war with Iran'. He also commented on India's temporary exemption for importing Russian crude oil and the situation in the Strait of Hormuz.

U.S. Treasury Secretary Dispels Financial Concerns Over 'War with Iran'

U.S. Treasury Secretary Beset stated in an interview with Sky News on the 12th that he is not concerned about the long-term financial costs associated with a 'war with Iran'. This statement comes amid escalating tensions in the Middle East, and is interpreted as an attempt to allay concerns about the financial burden on the United States from potential military intervention. This stance by the U.S. government could serve as an important signal regarding the future direction of its Middle East policy.

Comments on India-Russia Oil Trade and Strait of Hormuz Situation

Secretary Beset then commented on the U.S.'s temporary exemption for India to import Russian crude oil. He emphasized his hope that any profits Russia gains from such transactions would be limited to a "very short period." Furthermore, he pointed out that some oil tankers are currently passing through the Strait of Hormuz without incident, adding that this serves as evidence that mines have not been laid in the strait. This provides implications for the safety of a key maritime transportation route in the Middle East.

*Source: Yahoo! News (2026-03-12)*

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