Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

By positivelysharing

March 7, 2026

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Oil prices are expected to surge past $100 a barrel within days and could even reach $150 if the war in the Middle East drags on, energy experts have warned. Pictured: Fire breaks out at Bahrain oil refinery as Iran targets energy infrastructure across region

Oil prices are expected to surge past $100 a barrel within days and could even reach $150 if the war in the Middle East drags on, energy experts Read More

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

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