Latest
Bessent says ‘more and more’ ships moving through Strait of Hormuz, could ease oil price pressure
An increase in ship traffic through the Strait of Hormuz could help ease pressure on oil prices, Treasury Secretary Scott Bessent suggested Monday, signaling potential relief as markets fret over rising costs.
“Any supply is helpful, and we want to get back to normal,” Bessent told “Fox & Friends,” referencing the uptick.
“The market is in deficit [by] about 10 to 12 million barrels a day, and we’re making up for that deficit.”
SCOTT BESSENT CALLS OUT ‘TERRIBLE FRAMING’ DURING CLASH WITH NBC NEWS HOST ON IRANIAN OIL
As more countries strike deals with Iran to keep oil moving, Bessent said the increase in shipments is helping ease supply concerns.
On top of movement through the strait, the Trump administration has facilitated a 172-million barrel release from the Strategic Petroleum Reserve (SPR) as part of a 400-million-barrel coordinated international effort to address energy supply chokeholds.
TRUMP’S MIDDLE EAST ENVOY REVEALS WHAT LED TO BREAKDOWN IN IRAN TALKS BEFORE OPERATION EPIC FURY
That effort, combined with unsanctioning Russian and Iranian crude already on the water, is said to help mitigate the cost as well.
“[There is] no extra money for either one of those regimes,” Bessent clarified, referencing the eased sanctions.
“So the market is well-supplied, and we are seeing more and more ships go through on a daily basis as individual countries cut deals with the Iranian regime, for the time being.”
He added that further relief could be on the horizon as the U.S. moves to secure the key global oil route.
“Over time, the U.S. is going to retake control of the straits, and there will be freedom of navigation, whether it is through U.S. escorts or a multinational escort.”
Latest
Lawmakers Agree Jack Smith’s Arctic Frost Should Never Happen Again — Despite Delay On Action
Latest
Joey Chestnut reveals foods he won’t eat in competition as he tours Minor League stadiums for local delicacies
Joey Chestnut will eat almost anything.
The 17-time Nathan’s Hot Dog Eating Contest champion is the greatest competitive eater of all time, once even chowing down cow-brain tacos.
But there are two foods that are off-limits.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM
“The only things that would stop me is if I’m, like, really worried about getting sick,” Chestnut said (apparently, no concerns about cow brain). “Like raw oysters. I’d have to be really confident that these oysters are coming from somewhere where I’m not going to get sick.”
There are some foods that seem tasty at first, but they do provide difficulties for Chestnut. Popcorn causes chapped lips and bloating due to swallowing air, and Twinkies provide a “sugar headache.”
“But if I do my prep right going in, I feel pretty good,” he said confidently.
There is one more “oyster” though, made from an animal’s – let’s say – body part, that is not on Chestnut’s menu.
“There was a casino that wanted to do Rocky Mountain oysters. And their track record wasn’t good on preparing them,” Chestnut recalled.
ALBERT PUJOLS OPEN TO BECOMING A MANGER, SAYS HIS ‘NAME IS IN THE HAT’ AFTER RECENT MLB FIRINGS
“They’re bull testicles. I kind of rejected that one.”
This summer, though, tasty delights are on the table, as Chestnut is partnering with Diamond Baseball Holdings (DBH) to visit Minor League ballparks nationwide this season to take on some of the signature dishes that define the club’s communities.
Chestnut traveled to Wichita last month to tackle chili buns, a Midwestern dish that is a combination of chili and cinnamon buns. In Scranton/Wilkes-Barre, he’ll go with pierogis, and in upstate New York, he’ll try his hand at cider donuts. Cheeseburger dogs are also on deck in Reading, Pennsylvania.
“I’m super pumped. Minor League ballparks are always fun, just great atmospheres. I think Minor League ballparks are responsible for Major League ballparks stepping up their food game, so I’m going to be doing some good eating,” Chestnut said.
“There’s gonna be some good ones. I think it’s a huge burger they’re building in Birmingham that will be the biggest burger in Minor League baseball. Tacos next week.”
Chestnut will go for 18 Nathan’s titles on July 4.
Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.
Series 1 And 3 Irons: Here’s Everything You Need To Know About McLaren Golf’s First Clubs
Lawmakers Agree Jack Smith’s Arctic Frost Should Never Happen Again — Despite Delay On Action
Trump Calls on Senate Republicans to Lift the Filibuster: ‘Do Not Be Stupid’
Vance Leaves Meeting, Looks Straight Into Camera, Announces Stunning Arrest
Adam Schiff Facing 30 Years In Prison After Bank Records Leak
Supreme Curt Sides With Trump — He Can Remove The All
-
Latest2 weeks agoVance Leaves Meeting, Looks Straight Into Camera, Announces Stunning Arrest
-
News2 weeks agoAdam Schiff Facing 30 Years In Prison After Bank Records Leak
-
Latest2 weeks agoSupreme Curt Sides With Trump — He Can Remove The All
-
News3 weeks agoAll Hell Breaks Loose On Fox When Jesse Watters Asks Fetterman One Question
-
News2 weeks agoNBC Stops LIVE Broadcast — Breaks Big Trump News
-
News2 weeks agoSwalwell Facing Jail Time After Sickening New Video Leaks
-
Latest2 weeks agoUT Judge Drops Bombshell In Charlie Kirk Killer Case
-
News2 weeks agoBiden Attorney Found Dead After It’s Revealed Who She Was Investigating