White House Economic Director Predicts Potential Oil Price Drop

White House National Economic Council Director Kevin Hassett stated that U.S. President Donald Trump has effectively countered OPEC's influence, suggesting that oil prices could significantly decrease as long as the Strait of Hormuz remains accessible. According to NS3.AI, Hassett also highlighted the strength of today's GDP data. Meanwhile, Kevin Warsh emphasized that future decisions would be guided by data, without offering any guarantees.