Oil outlook: Brent seen in the 90s to low 100s as US-Iran standoff persists
An RBC strategist says Brent could stay at $90-100+ with no diplomatic off-ramp between the US and Iran. An unverified claim also says Saudi Arabia threatened to flood the market.
What we know
An RBC strategist says Brent could stay in the 90s or low 100s, with ships escorted and no diplomatic off-ramp. An unverified social media claim says Saudi Crown Prince Mohammed bin Salman threatened to push oil near zero unless Russia stops arms flows to Iran.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“We don't have a diplomatic off-ramp”
View post →“Saudi Crown Prince... reportedly threatened to drive oil prices near zero”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.