'Triple-Digit' Oil Prices Possible if Iran War Extends: Transversal's Wald

Market Intelligence Analysis

AI-Powered
Why This Matters

Oil prices may surge to triple-digit levels if the Iran war extends, with energy executives and traders predicting $100 crude within days due to the disruption in ship traffic through the Strait of Hormuz.

Market Impact

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

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A week into one of the biggest ever disruptions to global energy markets, oil prices still remain far below levels seen in previous crises. But a growing chorus of energy executives and traders is warning that every day that war rages on brings the world closer to a tipping point — with several predicting $100 crude within days. Ship traffic through the Strait of Hormuz has all but halted — making reality what had long been considered a worst-case scenario for the energy markets. There were signs on Friday that some of the initial oil market calm was dissipating, as Brent crude prices soared past $90 a barrel — taking their gain to more than a quarter this week. Ellen Wald, President of Transversal Consulting and Atlantic Council Senior Fellow, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Continue Reading
Full article on Bloomberg
Read Full Article
Original article published by Bloomberg on March 7, 2026.
Analysis and insights provided by AnalystMarkets AI.