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US EIA lifts Brent forecast to $98 as Iran war tightens global supplies

Top October 6, 2026 at 6:22 PM

US EIA lifts Brent forecast to $98 as Iran war tightens global supplies

Economic Times

The US Energy Information Administration raised its oil price forecasts for this year and next on Tuesday, citing rapidly declining global inventories and tight diesel supplies caused by the ongoing war with Iran, Reuters reported.The EIA now expects global benchmark Brent crude to average about…

Excerpt from Economic Times.

Read the full story at Economic Times

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