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A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

MarketWatch · May 11, 2026, 11:28 AM · Also reported by 1 other source

Crude is climbing to start the week as Morgan Stanley is warning that crude prices are being held at bay from much higher losses. But that could change.

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A ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.

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