Oil Could Hit $200 If Middle East War Persists, Macquarie Warns
TL;DR Summary
Macquarie Group analysts warn oil could reach as high as $200 per barrel if the war in the Middle East drags on and the Strait of Hormuz remains blocked, with a 40% chance of a prolonged conflict into June and a 60% chance it ends by March; sustained disruption could push Brent to roughly $150–$200, with even higher costs for diesel and jet fuel, despite a large IEA emergency oil release.
Topics:business#energy#macquarie-group#middle-east-war#oil-price-forecast#oil-prices#strait-of-hormuz
- Macquarie Two More Months of War Could Send Oil to $200 Crude Oil Prices Today | OilPrice.com
- Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy. CNBC
- Oil has surged since the Iran conflict, but gas prices may not be done rising Fox Business
- Oil Prices Continue to Climb After Trump Delays Bombing Threat The New York Times
- Headlines for March 27, 2026 Democracy Now!
Reading Insights
Total Reads
0
Unique Readers
3
Time Saved
18 min
vs 19 min read
Condensed
98%
3,747 → 71 words
Want the full story? Read the original article
Read on Crude Oil Prices Today | OilPrice.com