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Brent to trade above $95 for next two months on Iran war, EIA saysÂ
Yahoo Finance· 2026-03-10 17:51
By Georgina McCartney, Arathy Somasekhar and Siddharth Cavale HOUSTON, March 10 (Reuters) - Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, before falling to around $70 by the end of the year, the Energy Information Administration said on Tuesday in a monthly report. Oil shipments have been largely blocked from using the Strait of Hormuz, a critical chokepoint through which a fifth of global oil flows every day, and this will cause Mid ...