Lates News

Morgan Stanley maintained its Brent crude oil price forecast on Monday, expecting $110 per barrel in the second quarter of 2026, $100 per barrel in the third quarter, and a decrease to $80 per barrel in 2027. The bank stated that even if the Strait of Hormuz is reopened, it will take several months for the oil supply chain to return to normal. In its base scenario, the export volume through the Strait of Hormuz in April will remain low, recovering about 70% of the loss from May to July, and returning to stable levels by October.