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HSBC raises 2026 Brent forecast to $90 amid Hormuz crisis

What happened
The bank sees oil markets remaining tight until mid-2027 as strait disruptions slash transit volumes to a fraction of pre-conflict levels Thu 10 Sep 2026 · 10:06 EDT · 2 min read HSBC has bumped its 2026 Brent crude price forecast from $80 to $90 per barrel, citing a Strait of.
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