Brent Prices May Rise Due To Conflict

Escalating conflict may push Brent above $95.5 The current conflict around Hormuz and the Red Sea could push Brent prices higher. The crisis's resolution path remains uncertain, which may lead to increased energy prices. Benchmark crack spreads are currentl

Escalating conflict may push Brent above $95.5

The current conflict around Hormuz and the Red Sea could push Brent prices higher.

The crisis’s resolution path remains uncertain, which may lead to increased energy prices.

Benchmark crack spreads are currently at $68, and any military escalation is likely to drive energy prices even higher.

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