Macro Finance
BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes
Bloomberg Markets·October 26, 2026·1 min read
Bank of America's Francisco Blanch said oil could average $120 a barrel over the next few months if Iran resumes infrastructure attacks in the region. He spoke after President Donald Trump said he's weighing further strikes or a resumption of peace talks with Tehran, keeping markets on edge.
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