The breakdown of the US-Iran ceasefire threatens to leave Brent crude hovering around the $100-a-barrel mark well past July and into the end of the year, according to Rapidan Energy Group’s increased forecast.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-24/oil-to-end-year-near-100-on-mideast-disruptions-rapidan-says)