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Hassett: Energy prices will drop 'like nothing you've ever seen before' when strait is reopened

Politics The Hill By Tara Suter 26 May 2026 18:05 1 min read
Hassett: Energy prices will drop 'like nothing you've ever seen before' when strait is reopened

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 are open, then...

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 are open, then...

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