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

Oil will tumble to $70, says new 'bond king'
Markets
Dow Futures 16,544.00 +119.00 +0.72%
Nasdaq Futures 3,976.50 +27.25 +0.69%
S&P Futures 1,938.25 +13.25 +0.69%
10 Year Yield 2.23% +0.02 --
Gold $1,235.20 -10.30 -0.83%
Oil $80.64 +0.12 +0.15%
OCT 23 8:01:37am ET

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