US Treasury Secretary Bessent says gasoline prices are up to how war talks go; can have USD 3 gasoline before September 20th; cheaper gasoline coming some time this summer
The comments from Treasury Secretary Bessent highlight a direct link between geopolitical developments, particularly war talks, and gasoline prices, suggesting that fluctuations in crude can occur rapidly.
White House Press Secretary says it is not true the US requested Iran ceasefire extension
US Treasury Secretary Bessent says he is confident Kevin Warsh will be Fed Chair on time
US Treasury Secretary Bessent says gasoline prices are up to how war talks go; can have USD 3 gasoline before September 20th; cheaper gasoline coming some time this summer
US Senator Warren asks for records on Kevin Warsh's role in the 2008 financial crisis
Israeli Broadcasting Authority citing sources, say Members of the Miniature Ministerial Council oppose the ceasefire in Lebanon, Al Jazeera reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Crude prices can come down as quickly as they went up.
This statement could signal potential easing in energy costs as discussions progress, impacting inflation outlooks and the USD. Traders should monitor related news closely, as any significant breakthroughs or setbacks could lead to volatile shifts in commodity pricing and related currencies.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL10 hours ago
- Stocks of crude oil in the US SPR fell by about 1.2mln barrels to 285.4mln barrels last week, lowest since 198213 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates2 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- IRGC says it attacked two US vessels, eight oil vessels and ten violating ships with the intention of crossing the prohibited and unsafe area of the Strait of Hormuz3 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation5 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging5 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks6 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days6 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers7 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN7 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks7 hours ago
- IRIB reporter denies reports of an attack on a second Iranian oil tanker in Kharg Island8 hours ago
- IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports9 hours ago
- US military has struck targets near Kharg Island and Jask. The targets include Iranian oil tankers. This is part of a larger effort to squeeze Iran economically, Fox reports, citing senior US officials9 hours ago
- US is currently attacking Iranian oil tankers, i24 news reports, citing a US source10 hours ago
- Iran's joint military command says it will "heavily target" US interests in the Middle East if Iranian vessels are attacked10 hours ago
- Alerts activated in Saudi Arabia's Jazan and Abha, according to Civil Defence12 hours ago
- Explosions heard in Saudi oil fields, reports YJC News citing Arab sources12 hours ago
The whole workspace, free to try.
Try it free