The US Treasury Department and Donald Trump stated that efforts to address the current 10-to-14 million barrel oil supply deficit depend entirely on how long the ongoing war with Iran lasts.
The duration of the ongoing US-led war on Iran will dictate Washington's ability to stabilize global energy markets, according to statements from the US Treasury Department. Al Jazeera, a Qatari state-funded network, reported an urgent statement from the US Treasury Secretary noting that "any measures to address energy prices depend on the duration of the war in Iran." This assessment was similarly amplified by Al Mayadeen, a Beirut-based channel aligned with the Resistance Axis, which relayed the same remarks.
This economic outlook was echoed by former US President Donald Trump. According to the state-owned Iraqi News Agency (INA), Trump stated that "oil prices will drop as soon as the war on Iran ends."
Detailed figures regarding the scale of the energy crisis were highlighted by the Iraqi channel NAYA, which frequently displays anti-US and anti-Israel editorial stances. Quoting US media and Treasury updates, NAYA reported an estimated "current deficit in oil supplies ranging between 10 and 14 million barrels." Furthermore, the US Treasury reportedly warned that Russian President Vladimir Putin "will achieve greater profits if oil prices rise to $150," according to NAYA.
The conflict, which escalated dramatically this month with massive US-Israeli strikes on Iran and subsequent retaliatory attacks on Gulf energy infrastructure, continues to severely disrupt regional maritime routes. Highlighting the ongoing navigational risks, US Treasury Secretary Scott Bessent reported that "Chinese ships have left the Strait of Hormuz," NAYA stated.
The source messages identify the US Treasury Secretary as 'Bessent' (Scott Bessent). NAYA attributes its detailed figures (the 10-14 million barrel deficit and the $150 oil price warning regarding Putin) to ongoing coverage of US media and Treasury briefings. INA frames the conflict as the 'war on Iran', while Al Mayadeen refers to the 'war with Iran', reflecting slight nuances in their respective geopolitical framings.