Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns

Brent is forecast to trade at $75 to $85 per barrel in September due to diminishing prospects of a truce in Gaza and an expected Iranian retaliation against Israel.

Aug 26, 2024 - 14:00
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Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
Brent is forecast to trade at $75 to $85 per barrel in September due to diminishing prospects of a truce in Gaza and an expected Iranian retaliation against Israel.