Next Brent Crude Rally May Not Simply be about Conflict in the Middle East - Tekedia

Analysts say Brent crude could rally again, driven more by tightening supply fundamentals than by Middle East conflict.

Key pressures include constrained usable supply, low inventories, refining bottlenecks, and years of weak upstream investment.

The International Energy Agency and market watchers warn that demand has stayed resilient despite higher prices.

If the squeeze persists, energy costs could remain elevated longer, adding pressure to inflation, transport, and industry worldwide.