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Brent Nears $108 as Middle East Conflict Pressures Saudi Oil Exports
Die PresseLO·SA·1 day ago
The Association of Oil Workers (ACP) estimates an average Brent price of $93 per barrel for the year, citing Middle East war volatility. This would increase oil income by $4 billion versus a sub-$90 baseline. The projection reflects market risk premium from conflict, but actual prices remain uncertain.