Bessent says gas prices will return to low levels, defends oil sanctions relief

Bessent says gas prices will return to low levels, defends oil sanctions relief

April 22, 2026 / De maron /




Treasury Secretary Scott Bessent told lawmakers Wednesday that high gas prices will not last long, but said the rate of price decreases will depend on how quickly the U.S. and Iran can end hostilities in the Middle East.



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