The Zhitong Finance App learned that US Treasury Secretary Bessent said that once the Iran conflict is over, international oil prices may drop sharply, or even drop to 40 to 50 US dollars per barrel. As energy prices fall, global bond yields, driven by recent increases in oil prices and concerns about inflation, are expected to fall accordingly. In an interview on Friday, he said that after the end of the current conflict in Iran, the global oil market may turn back to a clear oversupply.

The Zhitong Finance App learned that US Treasury Secretary Bessent said that once the Iran conflict is over, international oil prices may drop sharply, or even drop to 40 to 50 US dollars per barrel. As energy prices fall, global bond yields, driven by recent increases in oil prices and concerns about inflation, are expected to fall accordingly. In an interview on Friday, he said that after the end of the current conflict in Iran, the global oil market may turn back to a clear oversupply.