Zahabia Gupta

Managing Director, S&P Global Ratings EM Credit Research Head
· tracked since Jun 2026
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Jun 09
$51.24
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Oil to stay elevated due to Strait
Zahabia Gupta raises base case for Brent crude to $105 a barrel for the rest of the year, citing the Strait of Hormuz disruption causing loss of 10-12% of global supply, and expecting a gradual and fragile reopening with intermittent disruptions that will keep prices elevated.
Energy
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