Barclays says Brent could reach $80 a barrel on US-Iran tensions

Core Viewpoint - Barclays predicts that Brent crude oil prices could increase to approximately $80 per barrel if there is a significant disruption in supply, particularly due to heightened tensions between the U.S. and Iran [1] Industry Summary - The potential rise in Brent crude prices is linked to geopolitical factors, specifically the ongoing tensions between the U.S. and Iran, which could impact oil supply stability [1]