#Trump'sIranAttackDelayed
The oil market is preparing for a long-term crisis due to the US-Iran war.
The protracted war between the US and Iran continues to affect the global energy market.
Against this background, market participants expect that oil prices may remain near record levels for a long time.
Most global market participants expect the average price of Brent crude oil over the next 12 months to be in the range of $81 to $100 per barrel.
Almost two-thirds of respondents also believe that an additional “risk premium” of $5-15 per barrel will remain in the market for a long time due to geopolitical risks.
Analysts note that the market does not yet expect the complete destruction of the old pricing model, but considers the current instability to be long-term.
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