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Hassett: Once the Strait of Hormuz opens, oil prices will decrease relatively quickly.
ME News report, April 9 (UTC+8): Hasset, Director of the National Economic Council at the White House, said that once the Strait of Hormuz is opened, gasoline prices will fall relatively quickly; he added that consultations have been held with allies regarding ensuring a stable supply of U.S. oil, and discussions have also been held with allies on the purchase of oil and natural gas. (Jinshi) (Source: ODaily)