Crude oil markets have been jittery lately as additional OPEC+ output counters expectations of continued strong demand and coincides with concerns about the resurgence of Covid-19 in key markets. Yet some believe oil could still hit $80 a barrel. Analysts believe strong demand during the second half of the year will prevail, writes Dan Eberhart from Canary LLC in an article for Forbes. In addition to these demand expectations, there is still substantial uncertainty around the U.S.-Iran nuclear deal, especially now, in the wake of a tanker attack that Washington, along with London, blamed on Tehran. Israeli-managed Mercer Street was attacked with drones at the end of last week off the coast of Oman, with two crew members killed. “Upon review of the available information, we are confident that Iran conducted this attack, which killed two innocent people, using one-way explosive UAVs, a lethal capability it is increasingly employing […]