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JPMorgan Chase projects Brent crude could hit $120 per barrel if a full-scale Middle East conflict results in a sustained disruption of oil flows through the Strait of Hormuz. Oil prices surged ...
Goldman Sachs raised its oil-price forecast for the second quarter by $10 a barrel. The bank expects Brent crude to average $76 a barrel in the second quarter, up from a previous expectation of $66 a ...
How long prices remain high will depend on what the United States, Israel and Iran do next. Note: Data is the Brent international benchmark as of 8:30 a.m. Eastern time Monday. Source: LSEG Data & ...
Iran's Revolutionary Guard says it has closed the Strait of Hormuz, per a Reuters report. About a third of the world's seaborne oil exports passed through the Strait in 2025. President Donald Trump ...