00:00Meanwhile, U.S. Treasury Secretary Scott Besson says he has been holding talks with Middle East counterparts on the Iran
00:06oil crisis.
00:07He also says he expects U.S. gasoline prices to fall to around $3 a gallon over the summer between
00:14June and September, close to levels seen before the recent conflict.
00:19The U.S. kept their side on the ceasefire. We've stopped firing.
00:25The straits of our move have not been completely reopened.
00:29So we will see. And I'm optimistic that during the summer we will see gas with a three in front
00:36of it sooner rather than later.
00:39It's bank week here in D.C., so I've been meeting with a lot of my Middle Eastern counterparts, the
00:45finance ministers,
00:46and they all say that once the straits are open, they can start pumping again within one week.
Comments