Kpler Predicts Brent Could Reach $125 If Blockade Persists
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Source: Bloomberg
Energy Market Insights: Homayoun Falakshahi, head of crude oil analysis at Kpler, discusses the focus of investors on the next steps for peace talks between the U.S. and Iran in the energy markets.
Impact of U.S. Sanctions: He warns that if the U.S. continues to maintain its blockade of the Strait of Hormuz for another two months, Iran's oil revenues could drop to zero.
Oil Price Predictions: Falakshahi predicts that if the waterway remains closed for an extended period, oil prices could revert to approximately $120 to $125 per barrel for Brent crude.
Source of Information: The insights were shared during an interview with Bloomberg Television.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
