Brent crude has topped $90 per barrel for the first time since October, as Middle East tensions threaten to boil over into a wider regional war. Oil markets are increasingly pricing increased geopolitical risk after Iran promised retaliation following this week's Israeli strike in Syria that killed high-ranking Iranian military personnel. Whereas the majority of analysts remain cautious with their oil price targets, commodity analysts at Standard Chartered have predicted that Brent will average $94 per barrel during the current…
