Brent May Not Return to Pre-Conflict Levels Anytime Soon. Forecast as of 29.07.2026

The conflict in the Middle East is unfolding as expected: escalation followed by de-escalation. As a result, investors expect Brent to quickly return to pre-conflict levels. However, that is not guaranteed. Let's examine the key drivers and develop a trading plan.Major Takeaways China's oil imports are increasing. Saudi Arabia's alternative shipping routes are blocked. Global reserves are nearing critical levels. Consider buying Brent, targeting $95 and $100.Weekly Fundamental Forecast for