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TechFlow news, March 24: According to JINSHI Data, Macquarie stated that if tensions in Iran ease, Brent crude oil prices could bottom out at $85–$90 per barrel. If the Strait of Hormuz remains closed through April, $150 per barrel remains possible.
According to JIN10 Data, Macquarie stated that if tensions involving Iran ease, Brent crude oil prices could reach a floor of $85–$90 per barrel. However, if the Strait of Hormuz remains closed through April, prices of $150 per barrel remain possible.
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