# BofA projects oil at $120 if Iran attacks

Quick Take · News · Published October 26, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/bofa-projects-oil-at-120-if-iran-attacks/

Bank of America warns that oil could reach $120 if Iran resumes attacks on oil infrastructure. This conflict zone encompasses key global supply routes, and any escalation immediately drives up the price of crude.

Higher oil prices benefit energy companies like YPF, but they also exert upward pressure on global inflation and complicate the outlook for bonds and consumer-sector stocks in emerging markets such as Argentina.

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Educational and informational content only. I am not a licensed financial advisor and nothing here is investment advice. Do your own research before making any decision.