Citi cuts Brent forecasts as U.S.-Iran MoU points to Strait of Hormuz flow normalization Reuters
Citi has revised its Brent crude oil price forecasts downwards. This adjustment comes as a U.S.-Iran Memorandum of Understanding signals a potential normalization of oil flow through the critical Strait of Hormuz. Such developments typically suggest reduced supply risks,…
Market Samachar is a news aggregator. This article was originally published by Reuters. Tap the button above to read the full story on their site.