US Treasury Secretary: Iran has achieved little in its attempts to collect ship passage fees; oil prices are expected to drop significantly after the war
BlockBeats news, on May 3, US Treasury Secretary Bensent stated that oil prices should drop significantly after the war. The futures market predicts a decline in oil prices. Not surprised by more ships passing through the Strait of Hormuz.
Iran has had little success in attempting to impose transit fees on ships. US energy exports are currently at record levels; the only factor limiting US energy exports is infrastructure. The US is the "big winner" in the energy market.
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