UBS offers glimmer of hope on oil prices, Hormuz, with one caveat
UBS offers glimmer of hope on oil prices, Hormuz, with one caveat Hillary Remy Thu, June 25, 2026 at 9:44 AM GMT+9 5 min read UBSG.SW CL=F In May, UBS was warning that Brent crude could stay near $100 for the rest of 2026. The Strait of Hormuz had been closed since March 2, global supply was falling