Treasury Secretary Scott Bessent said gasoline prices could ease back toward $3 a gallon by September following a sharp increase triggered by the war in Iran.
The conflict—now nearing its eighth week—has driven a rapid surge in fuel costs.
Gas Prices Could Return to $3 by September: Treasury Secretary
‘I’m optimistic that sometime between June 20 and September 20, we can have $3 gas again,’ Treasury Secretary Scott Bessent said.
A gas station in Los Angeles displays prices of gasoline on March 11, 2026. John Fredricks/The Epoch Times
