BofA Warns Brent Crude Oil Could Hit $150 Per Barrel Amid Iran Tensions

Bank of America has made a warning to investors regarding the price of Brent crude oil. According to their analysts, if disruptions from an Iran war persist, the price could surge past $150 per barrel.

The bank's research suggests that tensions in the Middle East have already pushed up prices, with Brent crude increasing by over 10% in the past month alone.

This increase is largely due to concerns about supply disruptions and the potential for conflict in key oil-producing regions.