October 18, 2026CommoditiesMacroPolitics·Bearish·analysis
Bloomberg Intelligence models say expanding Israel-Iran proxy war could push Brent to $150
Bloomberg Intelligence macro models indicate an expanding proxy war involving Israel, Iran and regional factions could drive Brent crude to $150 a barrel, shave $1 trillion off global economic output and push global inflation back toward 7%.
Detected & updated continuously · Source: Nebula
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Brent crudeIsraelIran