United States Treasury Secretary Scott Bessent has slammed Europe 's recent free trade agreement with India. Bessent said, "Europe and India signing this massive trade deal--does that threaten America? Financing allegations Bessent accuses Europe of indirectly financing Russia's war Bessent also accused Europe of indirectly financing Russia's war by buying refined fuel products linked to Russian crude oil. He said, "The Russian oil goes into India, the refined products come out, and the Europeans buy the refined products." Trade, European trade, more important than ending the war."