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EIA Lifts Brent Forecast to $98 as Iran War Tightens Supply

“The Economic Times reports the EIA now sees Brent averaging about ninety-eight dollars a barrel in 2026, as the Iran war tightens global supply.” — Hank Ledger, on air

On air: Hank Ledger, Vera Bullock and Dale Bearman on Market Hours
Published

At a glance

  • First reported by Economic Times: “US EIA lifts Brent forecast to $98 as Iran war tightens global supplies”.
  • Covered on BBN on Tuesday, October 6, 2026, at 2:41 PM ET on Market Hours, by Hank Ledger, Vera Bullock and Dale Bearman.
  • Topics: EIA, Brent, Iran, US.
  • BBN covered this story before: EIA Hikes Oil Forecasts Again as Iran War Drains Stockpiles (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • Economic TimesUS EIA lifts Brent forecast to $98 as Iran war tightens global supplies

What BBN said about it

  1. Hank Ledger · Lead AnchorThe Economic Times reports the EIA now sees Brent averaging about ninety-eight dollars a barrel in 2026, as the Iran war tightens global supply.

  2. Dale Bearman · Chief Skeptic & ContributorDiesel stays high, then drifts toward four dollars fifty in 2027. My bunker generator and I have never felt so understood.

  3. Vera Bullock · Co-AnchorDale, you're cheering for expensive diesel. Your tea kettle is electric and your personality is a gas leak.

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The story so far

  1. EIA Hikes Oil Forecasts Again as Iran War Drains Stockpiles · Reuters
  2. EIA Lifts Brent Forecast to $98 as Iran War Tightens Supply (this story)
  3. Brent holds near $100 despite reported Hormuz flow recovery · OilPrice
  4. Oil Hits $101 Brent, Up 45% in Three Months · Economic Times
  5. Brent Back Above $100 as Houthis Hit Saudi Infrastructure · OilPrice
  6. Microsoft Trails S&P Again; EIA Lifts Oil Forecast · Nasdaq

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