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    "headline": "Oil Prices Could Fall to $40 per Barrel After Iran Tensions, US Treasury Chief Says",
    "dek": "US Treasury Secretary Scott Bessent expects crude oil to fall to $50-$40 a barrel after US-Iran tensions ease",
    "prose": "In a broadcast aired on Friday, US Treasury Secretary Scott Bessent said that once US tensions with Iran are over, he expects oil prices to fall sharply, possibly to $50 and even $40 per barrel. [^1]\n\nOn the morning of September 3, 2026, the US dollar in Colombia traded at 3,147.7 Colombian pesos. [^2]\n\nBessent said in the same broadcast that a serious oil supply surplus will form after the US-Iran tensions conclude, as very large volumes of new supply enter the market. [^3]\n\nThe Colombian dollar's trading price of 3,147.7 pesos is slightly above the Market Representative Rate (TRM) of 3,140.55 pesos for that day. [^4]\n\nThe US dollar reached a maximum price of 3,159.80 Colombian pesos during the trading session on September 3, 2026. [^5]\n\nBessent also said that the expected drop in oil prices would push down bond yields that have risen to the highest levels in recent years. [^6]\n\nBrent crude oil was trading above $95 per barrel on Friday, the highest level since July, according to the article's description of market conditions. [^7]",
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