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Bessent Predicts Oil Prices Could Drop to $40 After Iran War

Key takeaways

  • Treasury Secretary Scott Bessent forecasts a decline in oil prices to $40 per barrel post-Iran conflict, which may lead to lower bond yields.
#oil#bond yields#Iran conflict

Analysis

Treasury Secretary Scott Bessent forecasts a decline in oil prices to $40 per barrel post-Iran conflict, which may lead to lower bond yields.

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