Odaily Planet Daily reports that Janiv Shah, Vice President of Oil Markets at Rystad Energy, stated that if supply disruptions in the Middle East persist for four months, Brent crude oil prices could rise to $135 per barrel. The company forecasts that in a shorter crisis scenario lasting two months, oil prices will exceed $110 per barrel in April, then decline as supply normalizes, reaching approximately $70 by year-end. Under this scenario, the average oil price in 2026 is projected to be around $87 per barrel. If the conflict lasts four months, Brent prices could surge to approximately $135 per barrel in May, then fall back to around $85 by year-end as market supply and demand rebalance. Shah said, "The focus has now completely shifted to national energy security, making current oil prices a very real threat to global stability." (Jin10)
Rystad Energy: Prolonged Middle East Conflict Could Push Brent Oil to $135 Per Barrel
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Summary
Rystad Energy’s Janiv Shah warned that a four-month Middle East conflict could push Brent oil to $135 per barrel. A two-month crisis might send prices above $110 in April, falling to $70 by year-end. Traders are monitoring altcoins amid rising geopolitical tensions. The Fear & Greed Index reflects heightened market anxiety as energy prices climb. A prolonged crisis could see oil reach $135 in May, then decline to $85 by year-end.
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