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Story: Scott Bessent Faces Trade Tensions and Iran Crisis at G20 Summit in Osaka

By Steven Anderson

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Iran Conflict Adds Oil Market Pressure. Then there's Iran. The ongoing conflict has pushed oil prices into volatile territory, and energy…

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Stakes for Multilateral Cooperation. The G20 format gives Bessent a platform, but it also exposes him to scrutiny.

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U.S. Treasury Secretary Scott Bessent is heading into the G20 summit in Osaka this week with a full plate.

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The summit lands at a genuinely rough moment for American economic diplomacy. U.S.-China tariffs have been escalating, and the ripple effects are showing up in global supply…

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It's a lot to manage simultaneously. Trade disputes and geopolitical flare-ups rarely cooperate with each other's timelines, and Osaka is essentially forcing both onto the same…

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Bond markets aren't making things easier either. Yields have been moving around in ways that have investors on edge, and the uncertainty is partly tied to the same geopolitical…

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The G20 format gives Bessent a platform, but it also exposes him to scrutiny. Every major economy sends a senior representative, and the divergences in national interest are…

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And the Iran situation strains alliances in its own way. Countries with significant energy exposure are watching the conflict with real anxiety. Some U.S.

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Pretty much every major financial market will be paying attention to what comes out of Osaka. The U.S.

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The broader question hanging over all of it is whether the G20 format can actually produce anything useful when the core disputes are bilateral — U.S. vs. China on trade, U.S.

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No details yet on which specific bilateral meetings Bessent has scheduled on the sidelines. The source didn't specify which G20 leaders he plans to meet one-on-one, though those…

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Bond market volatility, the Iran conflict, and U.S.-China tariffs — all three on the agenda, all three unresolved heading into the week.

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