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HSBC raises 2026 Brent forecast to $90 as Hormuz crisis persists

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  • HSBC raised its 2026 Brent crude forecast to $90 per barrel.
  • Brent recently traded above $100 as regional shipping attacks escalated.
  • Flows could reach 9.5 million barrels per day by mid-2027, HSBC forecasts.
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