November 2, 2026CommoditiesPolitics·Neutral
Bessent says world can 'live without Iranian oil' as Hormuz flows return to pre-conflict levels
Treasury Secretary Scott Bessent said Saturday that oil transit through the Strait of Hormuz has returned to pre-conflict levels, excluding Iranian barrels, and that the world can 'live without Iranian oil' while Iran 'cannot live without exports.'
Detected & updated continuously · Source: Nebula
Story subjects
Scott BessentIranStrait of Hormuz