Brent to trade above $95 for next two months on Iran war, EIA says

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HOUSTON, March 10 : Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, before falling to around $70 by the end of the year, the Energy Information Administration said on Tuesday in a monthly report. Oil shipments have been largely blocked from using the Strait of Hormuz, a critical chokepoint through which a fifth of global oil flows every day, and this will cause Mideast oil output to fall further in the coming weeks, the EIA said

Brent to trade above $95 for next two months on Iran war, EIA says https://www.channelnewsasia.com/ - 10.03.2026 20:42

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Brent to trade above $95 for next two months on Iran war, EIA says https://www.channelnewsasia.com/ - 10.03.2026 20:42