Barclays raised its 2026 Brent crude forecast to $85 per barrel, citing Iran-war related supply disruptions that have sharply reduced oil flows through the Strait of Hormuz. The revision signals a higher price baseline for 2026 that should support oil producers and commodity prices while weighing on energy-importing economies; this is a sector-moving development with upside pressure on Brent.
Barclays raised its 2026 Brent crude forecast to $85 per barrel, citing Iran-war related supply disruptions that have sharply reduced oil flows through the Strait of Hormuz. The revision signals a higher price baseline for 2026 that should support oil producers and commodity prices while weighing on energy-importing economies; this is a sector-moving development with upside pressure on Brent.
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