Thursday, July 23, 2026
US Treasury Secretary Bessent says oil market well supplied amid Iran war- oil and gas 360

US Treasury Secretary Bessent says oil market well supplied amid Iran war

(Investing) – WASHINGTON – U.S. Treasury Secretary Scott Bessent said on Wednesday that crude oil markets are well supplied amid the U.S.-Israeli war in Iran, and that the U.S. plans to make a series of additional announcements on the issue. “The crude markets are very well supplied. There are hundreds of millions of barrels on the water away from the Gulf. But