Macquarie: If Iran Tensions Ease, Brent Crude Oil Price May Touch Bottom at $85-$90

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Goldman Sachs reports that on March 24, Macquarie stated: If tensions in Iran ease, Brent crude oil prices could reach a bottom of $85 to $90. If the Strait of Hormuz remains closed until April, $150 per barrel is still possible. (Jin10)

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