Institution: If full-scale conflict between the US and Iran reignites, oil prices could soar to $150 per barrel

According to Jorge León, Head of Geopolitical Analysis at Rystad Energy, oil prices could surge to $150 per barrel if the United States and Iran fully return to a state of hostility. At this stage, it is too early to determine whether the current escalation marks a full resumption of hostilities or a dangerous but still manageable incident. Therefore, until clearer evidence emerges — whether a ceasefire can hold or diplomatic channels regain momentum — oil price volatility is likely to remain elevated. (Jinshi Data)