In brief
JPMorgan estimates Brent is around USD20 above fair value, while BMI warns of selling pressure
BMI expects a Hormuz deal in Q1 2027 and Brent at USD67 in Q4 2027
A new round of fighting after the US midterm elections could still push crude oil prices above wartime highs
Read the original story: Oil war premium could disappear quickly if there is a deal on the Strait of Hormuz, analysts warn, by Darryn Pollock at th.beincrypto.com