BRENT COULD HIT $90–$130 AS IRAN TENSIONS TIGHTEN SUPPLY Francisco Blanch of Bank of America said Brent crude’s best-case outlook is around $90 per barrel, with higher risks if tensions around Iran persist. He warned that tight global supply and disruptions in the Strait of Hormuz are already creating a significant deficit, supporting “higher-for-longer” oil prices. In more severe scenarios, Blanch sees prices rising toward $120–$130 if the blockade continues or conflict escalates, underscoring risks of prolonged energy market stress.(*Walter Bloomberg)