“The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC during an interview in Paris, where he was meeting Chinese officials for trade negotiations.
“We think that there will be a natural opening that the Iranians are letting out, and for now we’re fine with that. We want the world to be well supplied,” he said, adding that the US believes Indian and Chinese ships have been able to make it out of the Gulf.
Even if the war ends soon, analysts have warned that it could take time for oil and gasoline prices to normalize due to energy infrastructure damage and obstacles throughout the strait.
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President Trump returns to Washington at Joint Base Andrews on Sunday. REUTERS
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