Barclays: If Iran's oil exports are cut in half, Brent crude is expected to rise to $85 per barrel.

Barclays said in a report on June 19 that if Iran's oil exports are cut in half, Brent crude prices are expected to rise to $85 per barrel. The bank also added that in the worst-case scenario of a broader conflict in Iran, prices are expected to surpass $100 per barrel.