[Institution: High Oil Prices Will Persist] BlockBeats News, April 14, ANZ Bank strategists Daniel Hynes and Soni Kumari stated in a report that high oil prices will persist. They estimate that due to the Iran war, approximately 10 million barrels of oil per day have disappeared from the market, which marks a change compared to their baseline data from January. The recovery of supply is expected to proceed slowly, incompletely, and unevenly before mid-2026. They added that alleviating this tension would require either a significant shock to global demand or a rapid and coordinated response on the supply side. Currently, the tightness in market supply alone is sufficient to keep crude oil prices at historically high levels, even without the worst-case scenario of conflict escalation. As the conflict continues, high oil prices will become even more entrenched. ANZ Bank has raised its crude oil forecast, predicting that Brent crude oil prices will remain above $90 per barrel for the rest of this year. (Jin10 Data APP)