🚨 CITI FORECASTS BRENT OIL $110-$120 AS MIDDLE EAST TENSIONS RISE Citi expects Brent to hit $110-$120/bbl in the coming days due to conflict-driven supply disruptions. In a bull scenario, prices could surge to $150-$200 if Iran targets more energy infrastructure or the Strait of Hormuz stays closed. Bear case: $65-$70 if a deal reopens flows. Citi also sees aluminum supply tightening.(*Walter Bloomberg)