$100 Oil Price Forecasts Resurface Amid U.S.-Iran Standoff

Market Intelligence Analysis

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Why This Matters

Oil prices may surge to $90-$100 per barrel due to escalating tensions between the US and Iran, with a potential war on the horizon.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Oil price spikes to $90-$100 per barrel are “within reach” as the United States and Iran appear close to war, Fereidun Fesharaki, Chairman Emeritus at energy market consultancy FGE NexantECA, told Bloomberg Television on Monday. “I don’t think the US has a choice but to go to war,” Fesharaki told Bloomberg, adding that he expects something to happen as soon as this coming weekend. The U.S. and Iran are preparing for last-ditch indirect talks on Thursday in Geneva, according to the Omani mediators. So far, no breakthrough…

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Original article published by OilPrice.com on February 23, 2026.
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