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Iran Crisis: Analyst Sees No Hormuz Risk, No $100 Oil
Bloomberg
Published about 3 hours ago

Iran Crisis: Analyst Sees No Hormuz Risk, No $100 Oil

Bloomberg · Mar 2, 2026 · Collected from RSS

Summary

Mukesh Sahdev, founder, CEO, and chief oil analyst at XAnalysts, says the Middle East conflict is effectively over and that oil prices are unlikely to rise above $100 per barrel, as a Strait of Hormuz shutdown is not expected. He notes that the market remains well supplied and expects crude to eventually settle in the $60–$70 range. (Source: Bloomberg)


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