Crude may revisit early-2026 highs if tensions worsen, but Asian refiners better prepared this time: International Oil Analyst
India, July 9 -- By Nikhil Dedha
Singapore, July 9 (ANI): Global crude oil prices could revisit the highs seen earlier this year if tensions between the United States and Iran continue to escalate, although Asian refiners are now better prepared to deal with supply disruptions than they were at the beginning of the conflict, June Goh, Senior Oil Market Analyst at Sparta Commodities, told ANI.
Speaking in an exclusive conversation with ANI on Thursday, Goh said the sustainability of the recent rally in Brent crude, which has climbed back to around USD 80 per barrel, will depend on whether geopolitical tensions continue to intensify.
She said the recent exchange of strikes between Iran and the US, along with Washington's decision to with...
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