Top analysts reset oil price targets amid Middle East chaos
Wall Street research firms have updated their oil price forecasts.
The world has gotten a bit crazy in 2025.
An ongoing global trade war has sparked worries over worldwide economic growth, and now, Israel and Iran are locked in a battle with missiles flying back and forth, threatening global oil supplies.
The potential for a major energy crisis to develop because of the Iran and Israel conflict has caused Brent Crude and West Texas Intermediate oil prices to surge, and in turn, that's created an entirely new threat to the economy.
