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Sep 2026
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UBS: The good, the bad and the “ugly” scenario for oil and natural gas

Oil remains the most immediate indicator of geopolitical risk – Brent crude oil could range from $80 to $150 across UBS scenarios, while European gas could move between €50 and €80

Fuel price rally: Unleaded could reach €2 per liter by the end of the week if Brent’s surge continues

Increases of up to €0.40 for gasoline and €0.60 for diesel – Energy costs are at the forefront of the Eurogroup meeting

Oil: Explosive weekly surge of 35% in US crude and 28% in Brent amid crisis in the Strait of Hormuz

The escalation of the US–Iran war sent oil prices soaring, with WTI recording its biggest weekly rise since 1983 and Brent its largest since 2020

The Iran crisis and how this could affect Greece: Two scenarios for fuel prices and its effect on electricity bills

Gasoline prices could rise by 2–3 cents per liter by Wednesday, while the duration of the crisis will prove critical for natural gas costs and electricity tariffs

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