STRESSGeopoliticalRegional
Bessent Sees Oil as Low as $40 Post-Iran War, Lower Yields
Published:
News summary
Treasury Secretary Scott Bessent said oil prices will nosedive to as low as $40 a barrel once the Iran conflict is over, pulling down bond yields that have lately hit the highest levels in years.
- Importance
- Critical · 98/100
- Impact direction
- Uncertain