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Politics
Bessent boosts hopes oil prices will come down with Project Freedom
May 4, 2026
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Posted 3 hours ago by
Treasury Secretary Scott Bessent said Monday he is confident the global energy markets will soon stabilize, citing President Donald Trump’s latest operation to divest the Strait of Hormuz of Iranian influence, among other initiatives. Bessent said Trump’s Project Freedom operation in the strategic waterway, which launched on Monday, alongside the United Arab Emirates’ decision to []
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