Barclays: If the Strait of Hormuz standoff persists, oil prices could reach as high as $150 per barrel

Barclays stated that the risk of oil price prediction is biased towards upward, with spot oil prices testing at $150 per barrel in the scenario of a three-month stalemate in the Strait of Hormuz; If the situation continues for one, two, or three months, there is a risk of oil prices rising by $2, $7, or $10 per barrel compared to the forecast of $96 per barrel for Brent crude oil in 2026.