US Treasury Secretary Bessent says Oil prices to fall, Yen to strengthen
Scott Bessent, the US Treasury Secretary crossed the wires in an interview with CNBC, said that Oil prices will come down, and added that US President Donald Trump has been saying that Iran is not ready for a deal.
US Treasury Secretary Scott Bessent stated that oil prices will decrease and the Japanese Yen will strengthen, according to an interview with CNBC. Bessent believes that the Bank of Japan and the Japanese government will take actions that will lead to a stronger Yen. He also emphasized that the United States is not at war with Canada, and that the goal is to create a situation where Iran will want to negotiate a deal.
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Also reported by 3 other outlets
- U.S. Treasury Secretary Bessent and Russian Finance Minister Siluanov met at the G20 to talk about ending the war in Ukraine. Sources say they also talked about doing business again. meduza.io
- Iran could face economic collapse in months, US Treasury’s Bessent warns aljazeera.com
- America 'not at war' with Canada, insists U.S. Treasury Secretary Scott Bessent cbc.ca
