New Delhi, March 5 The estimated average Brent crude price of USD 63/bbl for 2026 is unlikely to see a significant increase, as the closure of the Strait of Hormuz would be temporary, and the global oil market oversupply should limit price increases, Fitch Ratings said.Fitch said that while...
brent crude oil
china
fitch ratings
geopolitical risk
globaloiltrade
india
iran
oil demand
oil market
oil prices
oil supply
saudi arabia
strait of hormuz
united arab emirates
west asia