Brent: Conflict risk supports prices – Deutsche Bank

Source Fxstreet

Deutsche Bank analysts note Brent Oil remains on an upward trajectory, trading above $103 per barrel and heading for a fourth consecutive daily gain as the Iran conflict persists. They highlight the lack of US–Iran peace talks, the ongoing US blockade, and reported mine-clearance delays in the Strait of Hormuz as key drivers sustaining higher Oil prices.

Strait of Hormuz tensions underpin rally

"Oil prices are still rising as we go to press this morning, with Brent crude currently at $103.39/bbl, leaving it on track for a 4th consecutive gain."

"And even before the overnight moves, Brent crude was up +3.48% yesterday to $101.91/bbl."

"There hasn’t been a single catalyst behind that, but the absence of any peace talks between the US and Iran has led investors to price in a longer conflict again, along with a more extended closure of the Strait of Hormuz."

"Indeed, the US blockade is still in place, and yesterday Iran said they’d seized two commercial ships in the Strait."

"Moreover, the Washington Post reported that the Pentagon informed Congress it could take 6 months to clear the Strait of Hormuz of mines, which further added to fears about extended disruption."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What to Expect From NVIDIA Stock Price in April 2026?NVIDIA (NASDAQ: NVDA) stock price trades at $177.64 on the 2-day chart, up 5.31% over the past days but still down 6% year-to-date. April sits at a unique inflection for the stock. The Iran conflict c
Author  Beincrypto
Apr 08, Wed
NVIDIA (NASDAQ: NVDA) stock price trades at $177.64 on the 2-day chart, up 5.31% over the past days but still down 6% year-to-date. April sits at a unique inflection for the stock. The Iran conflict c
placeholder
For the first time in 30 years, Nvidia won't release a new GeForce GPU generationNvidia has released new gaming processors every single year since the 1990s. That streak ends now. 2026 marks the first year without a fresh GeForce lineup since the company’s founding. “The gaming segment is no longer the driving force of the company. There was one point when it clearly was,” said Stacy Rasgon of Bernstein […]
Author  Cryptopolitan
Apr 20, Mon
Nvidia has released new gaming processors every single year since the 1990s. That streak ends now. 2026 marks the first year without a fresh GeForce lineup since the company’s founding. “The gaming segment is no longer the driving force of the company. There was one point when it clearly was,” said Stacy Rasgon of Bernstein […]
placeholder
MicroStrategy Reports Massive Bitcoin Gain and Yield in AprilMicroStrategy reported a 6.2% BTC yield and a gain of 47,079 Bitcoin gain in the first three weeks of April. The Bitcoin (BTC) treasury company, led by Michael Saylor, said the gain is worth approxima
Author  Beincrypto
Yesterday 02: 06
MicroStrategy reported a 6.2% BTC yield and a gain of 47,079 Bitcoin gain in the first three weeks of April. The Bitcoin (BTC) treasury company, led by Michael Saylor, said the gain is worth approxima
placeholder
Tesla posts 16% revenue growth to $22.4 billion, misses Wall Street estimatesTesla on Wednesday posted 16% revenue growth in the first quarter of 2026, bringing in $22.39 billion and slightly missing the $22.64 billion Wall Street expected. In the earnings report, Tesla said adjusted earnings per share came in at 41 cents, ahead of the 37 cents analysts polled by LSEG were looking for. The TSLA […]
Author  Cryptopolitan
9 hours ago
Tesla on Wednesday posted 16% revenue growth in the first quarter of 2026, bringing in $22.39 billion and slightly missing the $22.64 billion Wall Street expected. In the earnings report, Tesla said adjusted earnings per share came in at 41 cents, ahead of the 37 cents analysts polled by LSEG were looking for. The TSLA […]
placeholder
Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To BuyBitcoin is back in a place where bold upside calls are starting to circulate again, and while short-term sentiment is still mixed, one analyst believes the cryptocurrency is setting up for a powerful
Author  NewsBTC
9 hours ago
Bitcoin is back in a place where bold upside calls are starting to circulate again, and while short-term sentiment is still mixed, one analyst believes the cryptocurrency is setting up for a powerful
Related Instrument
goTop
quote