Conflict in Iran could become much more problematic for the oil market, says Citi's Max Layton
CNBC Television·2026-03-04 19:38

Let's bring in city's global head of commodities research, Max Leightton. Max, a lot has transpired since we last spoke. Welcome back.And um we mentioned your price target potentially of 90 near-term on Brent. Where are you for WTI. And how are you thinking through where the price could go.>> So the next week or so, we think we will be trading uh at 80 to90 on Brent and around $5 to $8 lower than that on WTI. I mean I I would just you know I'd really highlight that the risk is uh extremely high at the momen ...

Conflict in Iran could become much more problematic for the oil market, says Citi's Max Layton - Reportify