World
Energy Prices and Strait of Hormuz
Kevin Hassett, National Economic Council Director, predicts a significant drop in energy prices once the Strait of Hormuz is reopened. The statement comes amid ongoing negotiations and strikes.
Coverage timeline — 1 article
The Hill
National Economic Council Director Kevin Hassett said energy prices are going to fall “like nothing you’ve ever seen before” once Iran reopens the Strait of Hormuz. “Well, you know, I can't really talk about the ongoing negotiations and the strikes, but what I can say is that as soon as the straits
2026-05-26 18:05 UTC