--- title: "Bessent: Trump is Very Good at Reducing Energy Costs" type: "News" locale: "en" url: "https://longbridge.com/en/news/283686617.md" description: "US Treasury Secretary Bessent stated that gasoline prices could be lower than before the Iran war (initiated by the US and Israel). The Iran conflict will end, and gasoline prices will fall. President Trump has proven himself very capable of reducing energy costs" datetime: "2026-04-22T14:37:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283686617.md) - [en](https://longbridge.com/en/news/283686617.md) - [zh-HK](https://longbridge.com/zh-HK/news/283686617.md) --- # Bessent: Trump is Very Good at Reducing Energy Costs US Treasury Secretary Bessent: Gasoline prices could be lower than before the Iran war (initiated by the US and Israel). The Iran conflict will end, and gasoline prices will fall. President Trump has proven himself very capable of reducing energy costs. ### Related Stocks - [603353.CN](https://longbridge.com/en/quote/603353.CN.md) - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [159731.CN](https://longbridge.com/en/quote/159731.CN.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [561760.CN](https://longbridge.com/en/quote/561760.CN.md) - [IYE.US](https://longbridge.com/en/quote/IYE.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [561360.CN](https://longbridge.com/en/quote/561360.CN.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) ## Related News & Research - [US pump prices near 4 year high on Iran war disruption, refinery outages](https://longbridge.com/en/news/284421919.md) - [Trump Says He Has 'All The Cards' As Iran Talks Halt: Brent Crude Jumps To $107, Dow Futures Slip 52 Points](https://longbridge.com/en/news/284152025.md) - [The global energy order is breaking down](https://longbridge.com/en/news/284537393.md) - [Brent crude oil forecast as Trump considers prolonged blockade](https://longbridge.com/en/news/284492583.md) - [Oil prices extend gains as US-Iran war deadlock keeps supply off market](https://longbridge.com/en/news/284668164.md)