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BofA Sees Oil Around $120 If Iran Resumes Infrastructure Strikes

📍 Iran, IR·🕐 7h ago·1 outlet

Francisco Blanch, head of commodities and derivates research at Bank of America, discusses the outlook for oil prices after US President Donald Trump says he's weighing further attacks or a resumption of peace talks with Tehran. "If Iran goes back to attacking infrastructure in the region, we think $120 a barrel is probably on the cards on average for the next few months," Blanch tells Bloomberg Television. (Source: Bloomberg)

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90%

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medium risk