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Macro Finance

ANZ Raises Oil Price Forecast as Market Tightens on Iran War

Bloomberg Markets·October 30, 2026·1 min read

ANZ Group Holdings Ltd. raised its oil price forecast, citing more fragile market balances than at the start of the Middle East conflict. The bank warns that any flare-up after the US midterm elections will push prices higher, reflecting heightened supply risks and geopolitical tensions.

Read at Bloomberg Markets
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