Policy
HSBC Lifts 2026 Brent Oil Forecast to $90 Amid Hormuz Tensions
HSBC boosted its 2026 Brent crude oil forecast to $90 per barrel, up from $80, citing ongoing tensions around the Strait of Hormuz. The bank anticipates continued market tightness through mid-2027 due to constrained oil flows, with a potential for prices to reach $120 in a worst-case scenario.
oil gasutilitiesclean energy
The ongoing tensions in the Strait of Hormuz and the associated oil price forecasts are likely to influence energy market participants and related equities.
