US-Israel-Iran War Latest News: Brent Crude Expected at $80-$90 Per Barrel Until Confirmation of New US-Iran Deal or Significant Escalation in Attacks
India, Aug. 4 -- US-Israel-Iran War Latest News: Brent crude prices are expected to remain in the $80-$90 per barrel range, driven by tightening physical markets, ongoing supply disruptions, and geopolitical uncertainty, according to a report from Goldman Sachs. The $80 to $90 Brent crude trading range is a delicate structural equilibrium balancing tight global supply against fragile geopolitical expectations. Despite crude dipping briefly to the mid-$70s after a preliminary maritime agreement in June, prices quickly rebounded back above $84.00 per barrel due to major underlying logistical disruptions.
US-Israel-Iran War Latest News: Current Brent Crude Market Movements
Following a sharp 7% drop to a three-week low on Monday-triggered b...
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