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2026-09-08 15:02
Trump: Oil prices 'will drop precipitously' after Iran war win
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Fox NewsRight
Bessent predicts oil prices could drop as low as $40 after Iran conflict ends and supply floods market
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First reported by Fox News (Right); 2 outlets over 46h.
Fox News · +46h The Hill
What each side is saying
- The HillCenter
President Trump on Monday said oil prices "will drop precipitously" after the Iran war is won, as Iran seeks to maintain its control of the Strait of Hormuz with a "restricted zone." "Oil prices will drop precipitously, like everything else is dropping (but more!), when we WIN the war with Iran,"…
Read at thehill.com → - Fox NewsRight
Treasury Secretary Scott Bessent predicted oil prices could drop to between $40 and $50 after the Iran conflict ends, citing massive supply ready to hit the market.
Read at foxnews.com →
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