Fesharaki Sees Oil At $150-$200 in Next Few Weeks

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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.

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Neutral
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94%
Time Horizon
Short Term

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FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)

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Original article published by Bloomberg on March 31, 2026.
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