Posted inBusiness
Treasury Secretary Scott Bessent Predicts Oil Drop to $40 and Lower Yields
Scott Bessent forecasts oil prices dropping to $40 per barrel after the Iran conflict, leading to lower bond yields and economic stabilization.
Posted inBusiness
US Treasury Secretary Projects Oil Price Drop to $40 to $50 Amid Supply Surge
US Treasury Secretary Scott Bessent forecasts a medium-term oil glut and significant price drops as new supply enters the market after the Iran conflict.
