Oil (Brent Crude Futures) (N/A)
Published 2026-03-17 • by bonnerprivateresearch
Thesis Summary
Geopolitical turmoil in the Middle East, specifically the US/Israel attack on Iran, is expected to cause a protracted disruption to oil markets, leading to a significant increase in the price of Brent crude futures.
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Detailed Deep Dive
Oil market’s new reality: The Gulf disruption isn’t going to end soon
When the U.S. and Israel first attacked Iran, some traders initially expected days of disorder. Now they are expecting the turmoil to last weeks or even months. On Thursday, Brent crude shot back above $100 a barrel amid growing concerns about a protracted period of disruption to the oil markets. Futures settled at $100.46, up more than 9% for the day.