Crude oil prices will remain quite high in the coming months, with Brent staying above $100 per barrel, as the U.S. and Iran remain distant on a potential agreement, Cedric Chehab, chief economist at BMI, told CNBC on Monday. A deal “could take several months yet,” Chehab told CNBC’s program Squawk Box Asia today, as Brent Crude prices traded at about $104 a barrel in Asian trade. BMI forecasts that a potential U.S.-Iran deal would happen by the end of the first quarter of 2027 “because it will take some more time for that…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.