Episode Details

Treasury Secretary Scott Bessent proposes releasing Irans oil at sea to combat soaring energy prices, potentially adding 140 million barrels to global markets. The Strait of Hormuz, a crucial oil route, has seen near-zero flows, causing the largest supply disruption ever. U.S. gas prices have surged 85 cents per gallon since the war, prompting the administration to explore additional measures like the Strategic Petroleum Reserve.

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