Citi says Brent crude prices could rise to this level in a prolonged Iran conflict

Hopes for a quick resolution to the Iran war were dialed back this week once energy infrastructure sites across the Middle East became targets, according to analysts at Citi. In a note, the analysts including Alex Saunders and Dirk Willer added that Citi’s commodities strategy team has “become incrementally bullish,” seeing “more upside” in Brent ...