Bank of America warns Brent could reach $150 if Iran war persists

Bank of America warns that $BRENT could rise to $150 per barrel if the Iran war continues into the spring.
The scenario reflects the risk that a prolonged conflict could keep major Middle East supply routes disrupted and sustain a large geopolitical premium in crude prices.
The $150 level is a conditional scenario rather than a forecast certainty, with the outcome highly dependent on the duration of the conflict, Hormuz access and alternative supply routes.