mniraq - Economic expert Zaid Al-Hashimi projected crude oil prices could dip below $90 per barrel as supply flows through the Strait of Hormuz normalize and security improves around Bab al-Mandab.
Al-Hashimi explained that diminishing geopolitical risk premiums contributed to Brent crude easing toward $101 per barrel. He noted that enhanced maritime security supports expanded Red Sea exports and the restoration of key trade routes via the Suez Canal, reducing energy conflict sensitivities globally.