Bessent Blasts JPMorgan Over ‘Terrible’ Oil-Insurance Analysis

Source: Bloomberg Politics · Bias: Center

Summary

Treasury Secretary Scott Bessent blasted a JPMorgan Chase & Co. report for what he called “terrible” and inaccurate analysis about constraints over a US government lending agency’s ability to offer backup insurance for oil cargoes attempting to exit the Persian Gulf.

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Bessent Blasts JPMorgan Over ‘Terrible’ Oil-Insurance Analysis
Bloomberg Politics

Bessent Blasts JPMorgan Over ‘Terrible’ Oil-Insurance Analysis

Center

Treasury Secretary Scott Bessent blasted a JPMorgan Chase & Co. report for what he called “terrible” and inaccurate analysis about constraints over a US government lending agency’s ability to offer backup insurance for oil cargoes attempting to exit the Persian Gulf.