ANZ Raises Oil Price Forecast as Market Tightens on Iran War

ANZ Group Holdings raised its oil price forecast, citing tighter market balances than at the start of Middle East conflict. The bank stated that any escalation after the US midterm elections would push prices higher. ANZ did not provide specific price targets or timeline details in its statement.

• Bloomberg — ANZ Raises Oil Price Forecast as Market Tightens on Iran War

Next story