Scott Bessent Says World Can ‘Live Without Iranian Oil’ as Hormuz Flows Return to Pre-Conflict Levels
Scott Bessent says Strait of Hormuz oil traffic exceeds pre-war levels excluding Iran, touts U.S. oil output gains.
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Why It Matters
Oil is flowing freely through a busy shipping channel again. This means energy prices might stay calm, which helps companies and families paying for gas.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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