*Walter Bloomberg|Mar 09, 2026 15:40
ANALYSTS SEE BRENT OIL SURGING TO $150
Banks and research firms are raising oil forecasts amid ongoing Iran conflict and a potential prolonged closure of the Strait of Hormuz:
🔸Barclays: Brent could test $120 if fighting continues for weeks.
🔸Capital Economics: Brent may reach $150 mid-2026 in a worst-case scenario before easing to $130.
🔸Rystad Energy: Brent could spike to $135 if conflict lasts four months.
🔸Macquarie: Hormuz closure could push crude to $150+.
🔸Goldman Sachs: Will revisit forecasts if Hormuz flows don’t normalize; Q2 2026 average previously $76.(*Walter Bloomberg)
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