Could Oil Reach $200 a Barrel Amid Israel-Iran Conflict Escalation?
Bloomberg Television·2025-06-16 08:29
I want to start with the worst case scenario, something that most analysts are saying isn't really likely. Let's say there is a complete disruption to Iranian oil supply and a closure of the Strait of Hormuz. How high does the oil price rise.Morning. Yeah, I think fair to say that's not a base case, but if you're talking about really extreme scenarios, we've considered a case where even if only very temporary, oil prices could get, for example, above $200 a barrel. And if you're just looking at historic rel ...