U.S. crude oil retreats for the first session since Iran war began as Bessent pledges support

Oil prices fell Wednesday for the first time since the U.S. launched its war against Iran, after Treasury Secretary Scott Bessent said the Trump administration will provide support to oil tankers transiting the Persian Gulf and announce more measures in the coming days.U.S. crude oil fell 82 cents, or 1.1%, to $73.74 per barrel by 8:18 a.m. ET. Global benchmark Brent was down 57 cents, or 0.7%, to $80.83.WTI crude nearly topped $78 a barrel at its high this week since the U.S. and Israel launched a massive ...