Analysts at Citibank warned that escalating Iran-Israel hostilities may drive Brent oil prices 15% to 20% above pre-conflict levels. This rise would occur if the war disrupts around 1.1 million barrels per day of Iranian oil exports, impacting global supply and fueling energy market volatility.
Citibank Warns Iran-Israel Conflict Could Push Brent Oil Prices 15-20% Higher
