E-Paper | May 03, 2026

US Treasury secretary says that oil prices will come down after Iran war

Published May 3, 2026 Updated May 3, 2026 07:30pm
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US Treasury Secretary Scott Bessent has said that energy prices, which are currently surging amid the U.S.-Israel war with Iran, should decline later this year, Reuters reports.

Oil prices on the other side of this conflict are going to be much lower, Bessent said on Fox Business Network’s “Sunday Morning Futures” program.

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