Treasury's Bessent Says That Oil Prices Will Come Down After Iran war

Treasury Secretary Scott Bessent said on Sunday ‌that ​energy prices, which ⁠are currently ​surging amid the U.S.-Israel ⁠war with Iran, should ‌decline ​later this year.

“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.