Bank of America Warns Oil Could Hit $120 if Iran Strikes Resume

Name: Bank of America Warns Oil Could Hit $120 if Iran Strikes Resume
Uploaded: 2026-10-26T12:02:23.759712+00:00
Description: Bank of America's Francisco Blanch said oil could average around $120 a barrel over the next few months if Iran resumes attacks on regional infrastructure. The warning comes as U.S. President Donald Trump weighs renewed strikes on Iran against a negotiated deal after the November 3 midterm elections.

Bank of America's Francisco Blanch said oil could average around $120 a barrel over the next few months if Iran resumes attacks on regional infrastructure. The warning comes as U.S. President Donald Trump weighs renewed strikes on Iran against a negotiated deal after the November 3 midterm elections.

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