Oil prices topping $80 is ‘a distinct possibility’: Economist
Oil markets (CL=F, BZ=F) are on edge as Middle East tensions escalate following Iran’s airstrike on Israel Tuesday. Rystad Energy Chief Economist Claudio Galimberti joins Morning Brief to analyze the potential impact on oil prices. Galimberti says oil surpassing the $80 threshold is “a distinct possibility” amid rising regional tensions. He explains that oil prices…