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National News

The Times of India

National / The Times of India

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Could oil hit $200 a barrel? Experts warn of risks if Iran war drags on

Escalating Middle East tensions and a potential near-closure of the Strait of Hormuz could drive crude oil prices to $150-$200 a barrel. Millions of barrels of daily supply are already cut, with energy experts warning of astronomical losses and market choke if disruptions persist. Physical supply realities, not political statements, will dictate the surge.

31 Mar 2026 1:37 pm