Bank of America warns that if supply disruptions linked to the Iran war persist for an extended period, Brent crude could surge above $150/barrel.
🛢️ Base outlook: BofA raised its late-2026 Brent forecast to around $95.
⚠️ Risk scenario: Prolonged supply disruptions or further damage to energy infrastructure could push Brent well above $150.
Oil markets remain highly sensitive to developments around the Strait of Hormuz and regional energy infrastructure.
#Brent #crudeoil #oil #Energy. #marketsurge
$CL
🛢️ Base outlook: BofA raised its late-2026 Brent forecast to around $95.
⚠️ Risk scenario: Prolonged supply disruptions or further damage to energy infrastructure could push Brent well above $150.
Oil markets remain highly sensitive to developments around the Strait of Hormuz and regional energy infrastructure.
#Brent #crudeoil #oil #Energy. #marketsurge
$CL