Bessent Forecasts Oil Price Drop to $40 Following Iran Conflict
Scott Bessent predicts that crude oil prices could decline to $40 once the conflict with Iran concludes, a move expected to exert significant influence on bond yields. Meanwhile, crude oil reached a new all-time high with a 1.6% probability of hitting the target by September 30.
Summaries are written by AI from the original article. Not investment advice.