According to Jin10, U.S. Treasury Secretary Bessent said drone strikes by Ukraine on Russian energy facilities are one reason global energy prices are rising. He said on Fox News on Wednesday that the U.S. is currently experiencing an energy shock stemming from the Ukraine conflict and the Iran conflict, and he added that the strikes forced Moscow to extend its diesel export ban through the end of this month. Bessent also said pipelines will eventually help energy suppliers bypass the Strait of Hormuz and that the strait will become irrelevant in the coming years as suppliers develop other energy routes.