Oil Could Surge to $200 if Conflict Continues: Energy ETFs in Focus

Key Takeaways There is a 40% chance of oil spiking to $200 if war extends; supply shock drives prices higher.Strait of Hormuz disruption is the key risk to global oil and LNG flows. Energy ETFs may gain, but there is moderate downside risk if conflict de-escalates soon.Macquarie Group has warned that oil prices could spike to $200 per barrel if the Iran war extends into June and the Strait of Hormuz remains shut, per Bloomberg, as quoted on Yahoo Finance.Analysts estimate a 40% probability of this high-risk ...