Commodity Futures Trading Commission

5 articles

Scott Bessent warns oil could plunge after Iran conflict ends

Scott Bessent says oil could fall to $40 a barrel if the Iran war ends, a scenario that would reshape inflation and Treasury yields but carries major risks for investors and US debt policy

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Bessent's Oil Price Pledges Lose Sway as Gasoline Hits $4.10

Despite repeated assurances from Treasury Secretary Scott Bessent that oil prices would fall, U.S. crude and gasoline costs have surged to multi-year highs, leaving American households facing sharply higher fuel bills and markets discounting official forecasts.

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Polymarket Bets Raise Alarms Over Leaked Military Intelligence

A new investigation reveals that $8 million in Polymarket bets were placed just before U.S. military actions, exposing how public blockchain data may be exploited for insider trading and national security risks

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Treasury Secretary's Silver Certificate Error Fuels Gold Market Doubts

A televised misstatement about silver certificates by Treasury Secretary Scott Bessent has reignited debate over what backs the U.S. dollar, as gold prices and investor skepticism both climb amid persistent questions about Fort Knox's reserves

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Keystone Pipeline Faces $26.9M Penalty After Major Kansas Oil Spill

The Keystone Pipeline operator will pay nearly $27 million in penalties and invest $40 million in safety upgrades after a 2022 oil spill in Kansas, raising questions about pipeline oversight and environmental risk for U.S. communities

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