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U.S. Treasury Fields Emergency Swaps Over Middle East Shock

4/24/2026

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Summary

Story summary

U.S. Treasury officials are fielding emergency currency-swap requests from Gulf and Asian nations.
Scott Bessent said on Wednesday the United States received swap-line requests to offset Middle East energy shocks.
He made the comments in a France 24 interview hosted by Sharon Gaffney with Arab Gulf States Institute scholar Dr Kristi Diwan.
The Treasury said the swaps aim to provide financial support against the war’s broader economic fallout.

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Story summary

U.S. Treasury officials are fielding emergency currency-swap requests from Gulf and Asian nations.
Scott Bessent said on Wednesday the United States received swap-line requests to offset Middle East energy shocks.
He made the comments in a France 24 interview hosted by Sharon Gaffney with Arab Gulf States Institute scholar Dr Kristi Diwan.
The Treasury said the swaps aim to provide financial support against the war’s broader economic fallout.