Published Aug 18, 2026, 4:00 PM ET · Updated 3 months ago · 1 source
Iran seeks $100-$120 Brent crude to pressure US
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Original Report
Iran desires Brent crude prices to reach $100-$120, believing this would cause a significant downturn in the US stock market and compel the US government to engage, as their current strategy views US economic pressure as a stalemate. This could lead them to instigate Houthi attacks on tankers in the Red Sea to achieve their price target.