Source link : https://big-apple.news/2026/05/02/new-york-news/this-is-what-the-subsequent-section-of-the-iran-struggle-oil-disaster-might-appear-like/
HFI Analysis says it believes oil costs are headed for a record-breaking run in a number of months.
The analysis agency sees “panic shopping for” and hoarding because the world attracts down crude provides.
Shortages might end in a “ripple impact” that pushes costs previous $150 a barrel, it speculated.
The world could also be about to enter the subsequent chapter of the Iran struggle oil disaster that sees crude soar even greater, one analysis agency predicts.
HFI Analysis, an funding analysis agency specializing in vitality markets, outlined a grim sequence of occasions that would unfold in oil markets subsequent because the Iran struggle wraps up its second month with no peace deal in sight.
Oil costs, which have soared for the reason that closure of the Strait of Hormuz, simply hit recent wartime peaks this week. Brent crude, the worldwide benchmark, rose as excessive as $126 a barrel early Thursday, whereas West Texas Intermediate crude rose as excessive as $110 a barrel.
Costs cooled later within the day, however are probably headed again to new peaks inside a number of weeks’ time, the agency speculated this week. It sees Brent doubtlessly hovering previous $150 a barrel, above the height throughout the Nice Monetary Disaster.
For comparability, international oil demand cratered by round 3% throughout the GFC, Wilson Wang, the founding father of HFI, instructed Enterprise Insider in an e mail. The world is at present going through a provide scarcity of…
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Author : big-apple
Publish date : 2026-05-02 10:45:00
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