Bessent: Oil prices to fall to $40 after Iran conflict ends, with bond yields declining accordingly

U.S. Treasury Secretary Bessent predicts that the global oil market will face a severe oversupply once the conflict in Iran ends, potentially driving oil prices down to $40–$50 per barrel and leading to a concurrent decline in bond yields and inflation. He noted that the correlation between current oil prices and interest rates has reached a record high.

wallstreetcnSep 5 05:58

Express News | Iranian media: An Iranian oil tanker near Kharg Island was hit by a missile attack

According to Iran's SNN news agency, an Iranian oil tanker near Kharg Island was struck by a missile, with no casualties reported so far.

BreakingsSep 5 14:56

Statistics on Abnormal Movements in Stock Connect Holdings | September 3

Zhitong Stock Connect Holdings Anomaly Statistics | September 2, 2026

Zhitong FinanceSep 3 08:36

Zhitong HK Stock Analysis | Core AI Stocks Gain Favor in Weak Market; ChiNext Pharma Secures Another BD Deal

Global markets faced another broad sell-off. The Shanghai Composite Index also declined significantly today, while Hong Kong stocks remained relatively resilient, closing down only 0.07%, largely supported by banking stocks.

Zhitong FinanceSep 2 21:01

Hong Kong Stocks Close (Sep 2) | Hang Seng Index Falls 0.07%; Some Pharmaceutical Stocks Rise Against the Trend, While Auto and Non-Ferrous Metals Sectors Face Pressure

The resurgence of Middle East tensions has fueled inflation expectations, triggered alarm bells in global bond markets, and placed renewed downward pressure on Hong Kong stocks.

Zhitong FinanceSep 2 16:26

Hong Kong Stocks Midday Review | Hang Seng Index Falls 0.96% in Morning Session; Gold Stocks Continue Decline

Gold stocks extended their decline. Rising interest rate expectations weighed on precious metals, with spot gold falling below $4,310.

Zhitong FinanceSep 2 12:00