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If Iranian oil exports cut in half, Barclays expects Brent to move to $85 per barrel

ReutersJun 18, 2025 6:05 PM

- If Iranian oil exports are cut in half, Barclays would expect Brent to move to $85 per barrel, the bank said in a note dated June 19.

It added that in a worst case scenario of a wider conflagration regarding Iran, it would expect prices to move past $100 per barrel.

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