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  1. China's buying slowdown and geopolitical risk from Iran are affecting global energy markets and Brent prices.
  2. Geopolitical risks are affecting oil prices and supply, leading to rising energy costs and influencing the European Central Bank's interest rate decisions.
  3. Conflict in the Middle East drives oil price volatility, accelerating inflation and interest rate changes.
  4. Saudi Arabia, UAE, and Kuwait increased crude oil loading while Kazakhstan hit production highs, amid Brent price reactions to the Iranian conflict.

War with Iran impacted oil supplies, leading Saudi Arabia to ramp up pipeline volumes and Morgan Stanley to lower Brent outlook.

2 reports, 2 independent Updated Sep 13
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What happened

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War with Iran impacted oil supplies, leading Saudi Arabia to ramp up pipeline volumes and Morgan Stanley to lower Brent outlook.

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  1. HSBC raised its 2026 Brent forecast to $90 following the start of war with Iran.1 source
  2. Saudi Arabia increased pipeline volumes to bypass Hormuz, prompting Morgan Stanley to lower Q4 Brent oil outlook.1 source

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