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Bank of America Warns Oil Could Hit $150 Amid Iran War Risks

The bank said damaged infrastructure and falling inventories could keep Brent in backwardation and push prices well above $150 a barrel.

Summary by Quartz
The bank raised its year-end Brent crude forecast from $83 to $95 a barrel, citing damaged infrastructure and rising geopolitical tensions

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Bank of America increased the forecast of the Brent barrel at the end of the year to $95 per barrel

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Tuesday, September 22, 2026.
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