Barclays has warned that its outlook for Brent crude oil prices in 2026 faces significant upside risks if disruptions in the Strait of Hormuz continue, with prolonged tensions potentially pushing prices as high as $150 per barrel. The investment bank said the longer the shipping impasse lasts, the greater the pressure on global oil markets.… Continue reading Barclays Warns Brent Oil Prices Could Surge if Strait of Hormuz Crisis Continues
Barclays Warns Brent Oil Prices Could Surge if Strait of Hormuz Crisis Continues