Danske Bank: Brent crude oil price expected to average $80

```htmlGolden Ten Data reported on June 23 that Danske Bank predicts the average price of Brent crude oil will remain at $80 per barrel for the rest of 2026, and rise to $85 per barrel next year. The bank also stated that even if a US-Iran agreement is reached, oil prices will not return to the pre-war level of $60 to $70 per barrel. The institution said that a US-Iran agreement would reopen oil shipments through the Strait of Hormuz, but warned that it would take months for Iran's oil production and exports to return to normal levels. The bank pointed out that the continuous release of the US Strategic Petroleum Reserve could affect the short-term supply pattern and indicated that the US may choose to maintain this policy for political reasons before the midterm elections in November.```