Citi raises Brent crude forecast to $80 per barrel as US-Iran conflict outlasts expectations

NewsFri, 07 Aug 2026 20:08:39 UTC1 hour ago
Citi raises Brent crude forecast to $80 per barrel as US-Iran conflict outlasts expectations

Prolonged US-Iran tensions elevate oil prices, complicating central banks' inflation control efforts and influencing global economic stability.

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