Home / BusinessBusinessTASSBusinessTASS·Sep 9, 2026·1 min readGlobal oil market may face oversupply in foreseeable future — US Treasury chiefScott Bessent did not rule out OPEC "falling apart"View original source — TASS ↗ShareCopy linkShare on XShare on FacebookRelated storiesWorldTASSWorldJun 17, 2026 · 1 minIEA expects global oil supply to decline in 2026TASSPoliticsThe HillPoliticsSep 1, 2026 · 1 minBessent predicts Strait of Hormuz will be ‘worthless’ in 2 yearsThe HillBusinessBloombergBusinessSep 2, 2026 · 1 minMajor: Treasury Market Is Functioning NormallyBloombergBusinessTASSBusinessSep 2, 2026 · 1 minGlobal oil demand recovering — NovakTASS
PoliticsThe HillPoliticsSep 1, 2026 · 1 minBessent predicts Strait of Hormuz will be ‘worthless’ in 2 yearsThe Hill