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Brent could rise to $125-150 per barrel from Hormuz blockade – GlobalData poll

GlobalData initiated a survey with our readers to assess their view on the likely ceiling for the Brent crude oil price amid this Hormuz closure during Q2 2026.

GlobalData Energy July 27 2026

Global energy supplies faced an immediate 20% deficit following the initial military strikes and traffic restrictions in Hormuz. Credit: AustralianCamera via Shutterstock.com.

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