Day: September 5, 2026

Bessent Sees Oil as Low as $40 Post Iran War, Lower Yields

Energy News Beat Energy News Beat analysis — September 4, 2026 Treasury Secretary Scott Bessent told Steve Bannon’s War Room that once the Iran conflict is behind the market, crude can fall to $50 or even $40 because the world will be “very much oversupplied.” He tied that drop directly to bond yields, arguing the […]