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الاقتصادية
Oil forecasts downgraded amid Strait of Hormuz reopening
Oil price forecasts on Wall Street have eased following the temporary agreement to reopen the Strait of Hormuz, as banks like Morgan Stanley and Goldman Sachs have revised down their estimates for the next four years. Goldman Sachs expects the average Brent price to reach $80 per barrel in the fourth quarter of 2026, while Morgan Stanley has lowered its forecast to $80 in the last quarter and $90 during the third quarter of the year, citing ongoing risks and challenges in resuming full production by 2027. Analysts anticipate that oil exports will gradually return to pre-war levels as stability is restored.
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