Bessent: 'I think the gas prices will start coming down pretty quickly'

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Bessent: 'I think the gas prices will start coming down pretty quickly' Treasury Secretary Scott Bessent said at CNBC’s #InvestInAmericaForum on Wednesday that he believes gas prices will start to drop "pretty quickly." Gas prices around the world have risen sharply amid the Iran war due the closure of the Strait of Hormuz, which led to the largest oil supply disruption in history, according to Rapidan Energy.
  2026/04/16      youtube
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