Oil price forecast after Iran strikes: Brent could hit $80, but OPEC+ may step in
U.S. and Israel launched strikes on Iran Saturday, sending Brent crude up 2.45% to $72.48 a barrel and WTI up 2.78% to $67.02 on Friday. Barclays warned Brent could hit $80 if supplies are disrupted. OPEC+ meets Sunday to discuss April output. About a fifth of global oil moves through the Strait of Hormuz, now under heightened risk.