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  • Oil could spike to $200 if the Iran war drags on until June: report

    03/27/2026 9:59:52 AM PDT · by SeekAndFind · 63 replies
    Seeking Alpha ^ | 03/27/2026
    Oil prices could surge to as high as $200 a barrel if the Iran conflict extends into June and the Strait of Hormuz remains closed, Bloomberg reported, citing an analysis from Macquarie Group. A war lasting through the second quarter could drive historically high real prices, analysts including Vikas Dwivedi said in a note, assigning a 40% probability to that scenario. A separate outlook, with a 60% probability, sees the conflict ending by the end of this month. Brent crude (CO1:COM) is on track for a record monthly gain in March as the war involving the U.S., Israel, and Iran...