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Bessent says dropping oil prices before 2026 ends ‘will depend’ on Iran conflict

The Hill·October 18, 2026·1 min read
Bessent says dropping oil prices before 2026 ends ‘will depend’ on Iran conflict

Treasury Secretary Scott Bessent said on Sunday that oil prices could fall before the end of 2026, but the outcome will depend on the Iran conflict. Asked by NBC's Kristen Welker about lower prices by early 2027, Bessent noted President Trump's assertion that 'this is his...' The remarks came amid ongoing geopolitical tensions affecting energy markets.

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