Story thread · 28 reports / 21 sources
Scott Bessent sends strong message on oil price and Iran
thestreet.com · 5d

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Across 21 sources · syndicated copies counted once
For months, oil traders have been pricing in the possibility that the Strait of Hormuz stays closed. Every week that passed without a deal added more of a risk premium to crude. By early August, that premium had become a significant part of the price. Scott Bessent, the U.S. Secretary of the ...
First report: Bessent ready to repeat joint yen intervention, urges bigger Fed backstop — finance.yahoo.com, 8d
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