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Scott Bessent: “Oil prices on the other side of this conflict are going to…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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ONE WEEK WARNING: Bessent predicts Iran could be forced to shut down oil wells

Published | Video Starts at 05:07

Most monopolies eventually collapse under their own weight. And Maria, we could talk about it now or in a minute, but this gives me a lot of optimism that Oil prices on the other side of this conflict are going to be much lower. than they were going in or at the beginning of the year or at any point in 2020, 2025. Yes. So in other words, more oil on the market is simple supply and demand. (05:07–05:12)

CLAIM

Predicts lower oil prices following the conflict.

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