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U.S. Treasury Secretary: Believes the Iran conflict will end, and natural gas prices will fall
BlockBeats News, April 22 — U.S. Treasury Secretary Janet Yellen stated that the Iran conflict will end and natural gas prices will fall. Gasoline prices may drop below pre-Iran war levels. President Trump has already proven he is good at lowering energy costs.
The claim that Iran can gain $14 billion in revenue from sanctions relief is “completely baseless.” The U.S. Treasury Department can release over 250 million barrels of offshore oil through sanctions removal on Iran, and without this measure, prices would be higher. (Jin10)