Escalating tensions could disrupt Middle East supply chains, pushing crude to $150 per barrel, analysts warn.
Oil prices could climb to $150 per barrel if the US-Iran ceasefire collapses, deepening supply disruptions in the Middle East. The risk stems from potential shut-ins in upstream production and the near-closure of the Strait of Hormuz, a critical chokepoint for global oil shipments.
Recent tensions have already strained regional output, with war risks elevating concerns over sustained supply constraints. Analysts note the current period is the most volatile since the ceasefire began, though full-scale hostilities remain uncertain.
Markets have yet to react sharply, but prolonged instability could trigger volatility in energy commodities and broader financial assets tied to oil prices.