“.. US government officials and Wall Street analysts are starting to consider the prospect that oil prices might surge to an unprecedented $200 a barrel.”
https://www.bloomberg.com/graphics/2026-iran-war-hormuz-closure-oil-shock/
2 replies (most recent on top)
This is a “bad” one, so it could hit $200, but that will not last long. Smart investors will sell if speculation goes crazy, and in the medium-term a price spike may be a net negative for employees.
Every regional tension brings out the $200/barrel predictions. Markets adapt. Headlines fade. Rinse, repeat.