United States Treasury Secretary Scott Bessent stated during an interview with CNBC that ongoing hostilities with Iran have triggered a notable “energy shock,” though he maintained that the underlying US economy remains fundamentally robust.

Bessent pointed to energy market disruptions as a key rationale for the US Federal Reserve to exercise caution and avoid overly aggressive interest rate hikes.

The Treasury Secretary also addressed recent security threats against his life attributed to Tehran, confirming that he has relocated from his Washington, DC home to an undisclosed US military base in accordance with Secret Service protocols.

Characterizing Iran’s regional posture as acting “like a dangerous cornered animal,” Bessent asserted that he would not be intimidated by threats as Washington maintains its maximum economic pressure and military aggression.