- Bank of America strategists flag that if Middle East war-related disruptions to crude supply persist into spring 2027, Brent crude spikes above $150 a barrel.
- The call is explicitly conditional on disruption duration rather than a base-case price target, framing a prolonged conflict as the trigger for a triple-digit-plus oil print.
- Bank of America's analysts make the call, tying the energy price path to geopolitical supply risk rather than demand or OPEC+ policy.
Quotes
“If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barrel, strategists at the bank said.”