Huo Xing Finance reports that on April 14, ANZ strategists Daniel Hynes and Soni Kumari stated in a report that high oil prices will persist. They estimate that approximately 10 million barrels per day of oil have been removed from the market due to the Iran conflict, a significant shift from their January baseline. Supply recovery is expected to be slow, incomplete, and uneven until mid-2026. They added that alleviating this tension would require either a severe shock to global demand or a rapid, coordinated response on the supply side. Currently, market supply tightness alone is sufficient to keep crude oil prices at historically high levels, even without the worst-case escalation of conflict. As the conflict continues, high oil prices will become more entrenched. ANZ has raised its crude oil forecast, expecting Brent crude prices to remain above $90 per barrel for the remainder of this year. (Jinshi Data APP)
ANZ Bank analysts predict sustained high oil prices amid ongoing tensions.
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Summary
Altcoins to watch may experience volatility as oil prices remain elevated, according to ANZ Bank analysts. On April 14, 2026, strategists Daniel Hynes and Sony Kumari reported that high oil prices will persist. They estimate that 10 million barrels per day have been removed from the market due to the Iran conflict. Supply recovery is expected to be slow and uneven. Fear and Greed Index readings suggest market anxiety could persist. ANZ raised its Brent crude forecast to above $90 per barrel for the remainder of the year, stating that tight supply alone is sufficient to keep prices high even without a full escalation of conflict.
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