Iran Crisis: Analyst Sees No Hormuz Risk, No $100 Oil
Mukesh Sahdev, founder, CEO, and chief oil analyst at XAnalysts, says the Middle East conflict is effectively over and that oil prices are unlikely to rise above $100 per barrel, as a Strait of Hormuz shutdown is not expected. He notes that the market remains well supplied and expects crude to eventually settle in the $60–$70 range. (Source: Bloomberg)
📰 Original Source
Read full article at Bloomberg →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.