[The UK Government Expects Domestic Oil Prices to Remain Around $100 per Barrel Until 2028] According to a report by Jinse Finance, on June 5, the UK government has raised its domestic crude oil price forecast, stating that even if the United States and Iran reach a peace agreement, crude oil prices may remain around $100 per barrel until 2028. This is because it now expects the recovery of energy supplies in the Gulf region to take longer. New analysis warns that the pressure on energy prices is higher than previously anticipated, and the global economic outlook is increasingly deteriorating. The UK government had previously estimated that supply in the Persian Gulf region could recover about six months after the end of the war, but it now believes it may take up to 14 months for recovery.