CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.18% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

logo
LoginCreate account
Learn / Market News / US Treasury Bessent: Duration of Iran conflict key for oil prices and global supply

US Treasury Bessent: Duration of Iran conflict key for oil prices and global supply

In a CNBC interview, US Treasury Secretary Scott Bessent offered fresh insight into how Washington is assessing the energy risks stemming from the escalating confrontation involving Iran and the broader Middle East.

Key Quotes

Any actions to address prices depend on duration of war.

It's very likely to assume successful completion of 301.

On the Strait of Hormuz: We believe Chinese ships have gone out

US Treasury Secretary Bessent, on oil supply: The deficit is somewhere between 10 and 14 million barrels

Putin would get even more money if oil spiked to $150

On whether they could intervene in oil markets: Have not done that.


ATC logo

There is a high level of risk in Margined Transaction products, as Contract for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital.

ATC Brokers Limited (United Kingdom) is authorised and regulated by the Financial Conduct Authority (FRN 591361).

ATC Brokers Limited (Cayman Islands) is authorised and regulated by the Cayman Islands Monetary Authority (FRN 1448274).

Prior to trading any CFD products, review all the terms and conditions and you should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ATC Brokers Limited have any liability to any person or entity for any loss or damage in whole or part cause by, resulting from, or relating to any transactions related to CFDs.

Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

United States applicants will need to qualify as an Eligible Contract Participant as defined in the Commodity Exchange Act §1a(18), by the Commodity Futures Trading Commission for the application to be considered.

© 2026 ATC Brokers. All rights reserved