Jeffrey Gundlach believes Saudi Arabia loves 'turning the screws' on rival Iran.

Oil will tumble to $70, says new 'bond king'
Markets
Dow Futures 16,556.00 +131.00 +0.80%
Nasdaq Futures 3,979.00 +29.75 +0.75%
S&P Futures 1,939.50 +14.50 +0.75%
10 Year Yield 2.26% +0.03 --
Gold $1,234.80 -10.70 -0.86%
Oil $81.14 +0.62 +0.77%
OCT 23 8:43:40am ET

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