Oil Above $100: Iran War's Energy Shock Hits Home Heating, Gas Pumps, and Central Bank Policy

Brent crude holds above $105 as the Iran war's grip on global energy markets tightens, with Bank of America warning prices could surge past $150 per barrel if disruptions extend into spring 2027. The bank raised its year-end Brent forecast to $95 from $83 in a September 22 research note, while noting that Saudi Arabia's restarted East-West pipeline — repaired after Houthi strikes — offered only temporary relief. With the Strait of Hormuz effectively choked and Iran...