Bank of America analysts issued a warning regarding the potential impact of the ongoing conflict in Iran on global energy markets. The institution suggests that if supply disruptions persist, the price of Brent crude oil could rise above $150 per barrel.
As of September 22, 2026, Brent crude was trading at approximately $98.73 per barrel following a recent market rally. The bank notes that sustained instability in the Middle East may tighten global supply conditions significantly.
Market participants are now tracking the situation in Iran for signs of stabilization. Future price trajectories will likely depend on policy decisions from OPEC and major energy agencies, as well as broader geopolitical developments in the region.
