Brent Crude at $85: A Calm Before the Storm?

Geopolitics

TonyTony

Brent Crude at $85: A Calm Before the Storm?

So, Brent crude is lounging at $85 a barrel, like it’s just finished a round of golf. Investors are feeling a bit less jittery with Iran and Oman discussing a shipping corridor through the Strait of Hormuz. But don’t uncork the bubbly just yet! The Strait's still a hotbed of uncertainty, and U.S. sanctions could send prices soaring again. Keep your eyes peeled, folks; the drama's far from over.