Danske Research Team highlights that Brent has surged to around USD 124–126 per barrel as Iran-related tensions and a US naval blockade drive supply fears.
Danske Research Team highlights that Brent has surged to around USD 124–126 per barrel as Iran-related tensions and a US naval blockade drive supply fears. They note Polymarket-implied odds of only a modest chance of normalised Hormuz traffic by end-May.