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Bessent: Dropping oil prices before 2026 ends 'will depend' on Iran conflict

Treasury Secretary Scott Bessent said Sunday that oil prices could go down before the end of the year, but it will depend on the Iran war. NBC News's "Meet the Press" host Kristen Welker asked Bessent about the chances of lower prices by the start of 2027, adding President Trump's assertion that "this is his...

Sources (1)· Oct 18, 6:58 PM

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The Hill· Oct 18, 6:58 PMBessent: Dropping oil prices before 2026 ends 'will depend' on Iran conflict

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UK Signals ‘Different View’ From Trump on Russia SanctionsPrime Minister Andy Burnham’s government disagrees with US President Donald Trump’s approach to sanctions on Russia, a key UK minister said, signaling a growing divergence between the allies over the Ukraine war.

Bloomberg6h agoWhole story →

Rep. Turner calls for congressional probe into Starlink disruptionGOP Rep. Mike Turner of Ohio called for a congressional investigation into disruptions in Ukraine to satellite communications with Starlink, the technology owned by SpaceX's Elon Musk.

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Trump endorses Israel's Netanyahu ahead of reelection bidIsraelis are set to vote Oct. 27, in the first national elections since the 2023 Hamas attack on Israel.

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Zelenskyy Says Trump Is Pushing Ukraine to Yield to RussiaUkrainian President Volodymyr Zelenskyy accused Donald Trump of trying to pressure Kyiv into surrendering to Russia, escalating a week-long row with the US president.

Bloomberg7h agoWhole story →

'I hope I'm wrong': Trump announcement spurs dark war prediction and bipartisan backlashPresident Donald Trump formally endorsed Israeli Prime Minister Benjamin Netanyahu for reelection on Sunday. The move angered critics on the left and some of Trump’s own “America First” supporters. Trump posted the endorsement on Truth Social as a letter “To the Great People of Israel.” He called Netanyahu “a great warrior Prime Minister, and an even…

Raw Story7h agoWhole story →

Since

Russia, Ukraine keep up attacks as Zelenskyy renews appeal to U.S. - Sun, 18 Oct 2026 PSTRussia and Ukraine continued to trade attacks overnight as Volodymyr Zelenskyy said he was ready for fresh talks with the U.S. and renewed an appeal for Washington to put pressure on Moscow. The Ukrainian president said Russian forces hit substations in the Vinnytsia, Zhytomyr, Khmelnytskyi, and Odesa regions, leaving tens of thousands of families…

Spokane Spokesman-Review4h agoWhole story →

Trump Says Diesel Deal Aimed to Keep Talks With Russia GoingPresident Donald Trump said he cut a diesel export deal with Russia and delayed imposing further sanctions because he doesn’t want to drive Vladimir Putin away from peace talks with Ukraine.

Bloomberg4h agoWhole story →

Shock as Trump's 'disgraceful' Russia rant instantly backfires: 'Despicable human being'President Donald Trump's shocking rants about his turn toward Russia on Sunday sparked immediate backlash across the political spectrum. "My decision on Russia is a very simple one. I am in the process of negotiating Peace in the war between Russia and Ukraine, and don’t want to do anything that will drive, foolishly, Russia away from the bargaining…

Raw Story3h agoWhole story →

Trump defends pausing Russian sanctions, says peace deal is close — and savages Zelensky for attacking diesel refineriesPresident Trump defended his decision to pause sanctions against Russia as a means to secure a permanent peace deal and bring fuel price relief for the US — while slamming Ukrainian President Volodymyr Zelensky’s ongoing strikes on Moscow’s oil refineries. Following backlash over his executive order to halt sanctions against Moscow, Trump claimed that…

New York Post3h agoWhole story →

Conservative columnist skewers Trump as 'treachery' abounds: 'Sick-making stuff'Conservative columnist Charlie Sykes skewered President Donald Trump on Sunday as the president's "treachery" abounds. Sykes, who authors "To The Contrary" on Substack, argued in a new essay that Trump's repeated attempts to appease Russian President Vladimir Putin amounted to the president's "October surprise," or one that could ultimately lead to his…

Raw Story3h agoWhole story →

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Scott Bessent says prices will come down after Iran war: ‘we will get to the other side’In an exclusive interview with Meet the Press, Treasury Secretary Scott Bessent says an “energy supply shock” is straining the U.S. economy due to the war in Iran.

NBC News11h agoWhole story →

Bessent says there was no sanctions relief for Russia after U.S. diesel dealTreasury Secretary Scott Bessent on Sunday said President Trump did not provide Russia with sanctions relief by waiving sanctions against Russia set to take effect soon, after signing off on a deal that allows Russia to permit diesel into the U.S. and global marketplace. NBC News's Kristen Welker on "Meet the Press" pressed Bessent on...

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Eyes widen after Kristen Welker's brutal takedown of Trump official: 'Give it up, man'Political analysts were astounded Sunday after NBC News' Kristen Welker uncorked a brutal takedown of a Trump administration official on "Meet the Press." Welker interviewed Treasury Secretary Scott Bessent about the current economic conditions ahead of the midterms. During the interview, Welker challenged Bessent's position that high prices are a…

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‘Kristen, That’s Not True’: Scott Bessent Tussles With NBC Host On Russia Sanctions‘They continue to gorge on Russian energy’

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‘First Time in History’: Bessent Says Iran Faces Zero Oil Revenue This Week — Tehran Warns of Economic CrisisIran is set to have no oil at sea and no oil revenue this week for the “first time in history,” Treasury Secretary Scott Bessent said as Tehran’s top security official issued a rare warning over the country’s deepening economic crisis. The post ‘First Time in History’: Bessent Says Iran Faces Zero Oil Revenue This Week — Tehran Warns of Economic Crisis…

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Trump made more stock trades in July than Treasury Secretary Scott Bessent made all of last yearTrump’s accounts logged 1,156 trades in July, while Bessent disclosed just 29 transactions in 2025.

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US Treasury Secretary Bessent says had a very successful engagement with China on trade and AIUS Treasury Secretary Scott Bessent spoke ahead of the US President Donald Trump and Chinese President Xi Jinping summit, saying that he had a very successful

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Scott Bessent Frontrunner for Trump’s AI Czar: ReportTreasury Secretary Scott Bessent has emerged as a frontrunner to become President Donald Trump’s next AI czar, according to Semafor.

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Bessent: Dropping oil prices before 2026 ends 'will depend' on Iran conflict – KnowGov