Bessent defends U.S. dollar swap lines as Iran war harms global finances
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Source: CNBC
Published: 2026-04-25 02:54 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Economy & Finance, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
Treasury Secretary Scott Bessent on Friday defended the possibility of the U.S. participating in currency swaps with allies in the Persian Gulf and Asia who are seeking financial backstops due to the Iran war.
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