US Treasury Secretary predicts lower energy prices

U.S. Treasury Secretary Scott Bessent has stated he believes the current Middle East conflict will end, leading to a significant drop in energy prices. He forecast that future gasoline prices will be lower than current levels, potentially returning to or falling below their pre-conflict benchmarks. Bessent credited President Donald Trump's leadership, asserting the President has demonstrated a proven ability to reduce energy costs. The comments come amid ongoing market volatility and high oil prices linked to regional tensions.