Bessent Expects Oil Prices to Fall Below $80 in Few Months

NAMPA / Sputnik

2026-03-16

WASHINGTON, March 16 (RIA Novosti) – US Treasury Secretary Scott Bessent said on Monday he believes that oil prices, which have surged amid the US-Israeli military campaign against Iran, will fall below $80 in a few months. "I think probably much lower," Bessent told CNBC when asked whether the price of oil will be $80 in a couple of months....

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