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Crude price forecast: Oil falls, but Iran tensions keep $100 target alive

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Oil prices fell on Monday as investors took profits after two strong weeks, but the retreat did little to remove the supply premium created by the US-Iran standoff and severely restricted shipping through the Strait of Hormuz. Brent crude f…

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Crude price forecast: Oil falls, but Iran tensions keep $100 target alive
Invezz 1h ago

Crude price forecast: Oil falls, but Iran tensions keep $100 target alive

Oil prices fell on Monday as investors took profits after two strong weeks, but the retreat did little to remove the supply premium created by the US-Iran standoff and severely restricted shipping through the Strait of Hormuz. Brent crude f…