Oil to End Year Near $100 on Mideast Disruptions, Rapidan Says

Brent crude oil prices are expected to remain near $100 per barrel through the end of 2026 due to Middle East tensions, according to a forecast from Rapidan Energy Group. The forecast was raised following the breakdown of a US-Iran ceasefire agreement. Rapidan Energy Group did not specify additional details about the timing or duration of the expected price pressure in its statement.

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