US Treasury Secretary Bessent paves the way for a recession - can't guarantee no recession ...Middle East

US Treasury Secretary Bessent welcomes lower stockmarket - says straight up is not healthy

He also made an effort to massage public opinion into accepting a coming recession:

“There are no guarantees,” Bessent said about the chance of a recession

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Goldman Sachs have cut their oil price forecasts on the slowdown they see ahead:

cuts its December 2025 Brent crude price forecast by USD 5 to USD 71/bbl sees WTI at USD 67/bbl This article was written by Eamonn Sheridan at www.forexlive.com.

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