Oil Monitor Vi e w p o i n t | 25 Mar 2026 17:49:55 ET │ 31 pages Price volatility to continue on conflicting news flow; regional crude spreads to stay wide on divergent fundamentals CITI'S TAKE Our base case expects that further economic pain could be on the way via higher oil and gas prices, as well as outright shortage that lead to adverse macro impacts, before precipitating in more substantial diplomatic efforts to close the negotiating gap between the US and Iran. Our base case scenario assumes a conti ...