# Barclays says a swift normalization of flows through the Strait of Hormuz aligns with its forecast of Brent crude oil averaging $85 a barrel in 20.

*business · news · 2026-04-09 · The Economic Times*

## Key points

- Barclays forecasts Brent crude oil averaging $85 per barrel in 2026 if Hormuz flows normalize.
- Current Strait of Hormuz flows remain subdued despite a ceasefire, disrupting 13-14 million barrels daily.
- Barclays estimates global oil inventories are 1-2 million barrels per day tighter than expected pre-conflict.
- Barclays maintains its $85 Brent price view but warns of upside risk if disruptions persist.

**Companies:** Barclays, Teradyne, Intel, Carnival, Corning, APA, LyondellBasell Industries, Workday, Palantir Technologies
**Countries:** United Kingdom, Iran

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/us-stocks/news/barclays-delay-in-hormuz-flow-recovery-poses-upside-risks-to-85/b-brent-forecast/articleshow/130144822.cms)

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