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Iran's oil export ban lifts Brent crude above $100 by August 2026

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Iran's oil export ban lifts Brent crude above $100 by August 2026

Market overview

Iran's ban on oil exports, combined with global demand resilience, pushes Brent crude prices above $100 per barrel by August 2026. OPEC+'s limited spare capacity and geopolitical tensions prevent sufficient supply offset.

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Implied probability (Yes)
75%

Source: user-generated

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