Morgan Stanley made substantial cuts to its oil-price forecasts for the coming quarters as the interim deal between the US and Iran to reopen the Strait of Hormuz stands to revive regional output and boost supplies.
Morgan Stanley has significantly lowered its oil price forecasts for the upcoming quarters. This adjustment follows an interim deal between the US and Iran to reopen the Strait of Hormuz. The agreement is expected to revive regional oil output and substantially boost global…
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