BNP Paribas Fortis: 3-4 weeks to avert oil above $100, midterms key

BNP Paribas Fortis chief economist Koen De Leus warns the global economy has a three-to-four-week window to avoid oil settling durably above $100, pinning the outcome on US midterm elections and President Trump's stance. The claim is an analyst forecast, not an event, and hinges on political variables. It matters because a sustained oil spike would feed inflation and growth risks globally.