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Oil slips after Treasury Secretary Bessent promises to address Iran risk

Monday, August 24, 2026 · Written up by our desk · Energy

Oil prices and oil stocks declined on Monday after Treasury Secretary Scott Bessent said he would provide more detail on what the outlet described as an "economic D-day" related to Iran.

The move came as markets digested Bessent's comments that he plans to further outline the approach tied to Iran, according to Yahoo Finance.

← Newer storyOil drops more than $2 as investors await new Iran sanctions details

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Sources

Yahoo FinanceGas Price Watch: Bessent To Detail 'Economic D-Day' On Iran

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