October 26, 2026CommoditiesPolitics·Bearish·oil
Oil traders predict prices could hit $144.42 a barrel if US-Iran blockade continues
Oil traders predict oil prices could reach $144.42 per barrel, the highest level since July 1987, if the US-Iran blockade continues and more vessels are damaged. Iran reported at least 11 supertankers were damaged during attacks in the Strait of Hormuz in a single October.
Detected & updated continuously · Source: Nebula
Story subjects
Oil tradersoil priceStrait of HormuzUS-Iran relations