Gate News reports that on March 9, Rystad Energy Vice President of Oil Markets Janiv Shah stated that if supply disruptions in the Middle East continue, Brent crude oil prices could rise significantly. The organization forecasted two scenarios: in a conflict lasting two months, oil prices could rise above $110 per barrel by April and then fall back as supply normalizes, reaching about $70 by the end of the year, with an average price of around $87 per barrel in 2026; if the conflict lasts four months, Brent prices could surge to approximately $135 per barrel in May, then decrease to about $85 by the end of the year as market supply and demand re-balance. Shah said, “The current focus has completely shifted to national energy security, making current oil prices a very real threat to global stability.”
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