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The US-Israel-Iran war · Energy, shipping and markets

EIA raises its third-quarter Brent forecast to $85 as it assumes Hormuz disruption lasts through August

Confirmedon an admission by the acting party plus an independent origin: 1 distinct origin, 1 tied to no party.

The US Energy Information Administration's August Short-Term Energy Outlook raised its third-quarter Brent forecast to $85 a barrel, $11 above July's, and $78 for the fourth quarter, assuming disruption in the Strait of Hormuz persists through August before flows slowly increase in September, Oil & Gas Journal reported. EIA said shut-in production averaged 5.5 million barrels a day in July and that Hormuz flows averaged 4.9 million barrels a day in the second quarter against 21.6 million in late 2025. S&P Global reported the 2026 average Brent forecast at $87.

When
11 August 2026
Where
Washington, the US
What
market
Attribution
Acknowledged by the acting party. EIA forecast publication.
In the record
Published 2026-10-27 21:03 UTC · revision 1 · backfilled

Sources

  1. Evidence Oil & Gas Journal Media · Unaffiliated origin: EIA Short-Term Energy Outlook, August 2026 · published 2026-08-13 00:00 UTC
  2. Evidence S&P Global Market data · Unaffiliated origin: EIA Short-Term Energy Outlook, August 2026 · published 2026-08-11 00:00 UTC

History

WhenFieldFromToWhy
2026-10-27 21:03 UTCstatusnullconfirmedP1 backfilled: researched from cited sources and graded by the one rule

Cite or reuse

The War Record, "EIA raises its third-quarter Brent forecast to $85 as it assumes Hormuz disruption lasts through August", ev-20261027-p9as, revision 1, https://thewarrecord.com/events/ev-20261027-p9as/

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