Markets are underpricing oil risks, crude could stay near $90 well into 2027: Kpler

Amena Bakr, Head-Middle East & OPEC+ Insights at Kpler believes disruptions in the Strait of Hormuz are far from resolved and could take months to normalise even if a deal with Iran is reached. By Manisha Gupta Oil prices could remain elevated well into next year as disruptions in the Strait of Hormuz continue despite expectations of a diplomatic breakthrough between Iran and the US, according to Amena Bakr, Head-Middle East & OPEC+ Insights at Kpler. “I still think that the market is underpricing,” she said, adding that she would not be surprised to see crude prices remain in the…