“Things are going to get worse,” according to Jan Stuart, global energy economist and strategist at Piper Sandler. He expects the price of Brent crude to average $130 a barrel in July and August as global oil inventories continue to sink and demand for fuels during the summer driving season rises...
https://www.theguardian.com/world/2026/jun/12/us-secret-mission-oil-hormuz-trump-iran-blockade
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