*Walter Bloomberg|Mar 30, 2026 08:56
OIL CRISIS PUSHES BRENT TO $125
Société Générale has raised its Brent forecast, expecting prices to average $125 per barrel in April as the Strait of Hormuz disruption continues into next month.
Analysts say flows through Hormuz remain at crisis levels, leaving a roughly 15 million barrels per day gap in global supply. The region is largely stalled, with only limited rerouting by Saudi Arabia and the UAE, and occasional Iranian shipments.(*Walter Bloomberg)
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