星球日报|3月 31, 2026 06:52
[Analyst: 'Physical Reality' Drives Oil Price Surge, Trump's Verbal Intervention Has Limited Impact]
Odaily Planet Daily News – Energy market consultancy FGE NexantECA stated that if the near-closure of the Strait of Hormuz due to the Iran conflict persists for the next six to eight weeks, oil prices could soar to $150 or even $200 per barrel. The company's honorary chairman, Fereidun Fesharaki, said on Tuesday: '100 million barrels of oil cannot pass through each week, amounting to 400 million barrels per month. Therefore, over time, the losses the market suffers will be astronomical.'
Fesharaki expressed skepticism about the effectiveness of Trump's verbal interventions (including statements about potentially ending the conflict), asserting that the ultimate driver of prices is the 'physical reality' of supply disruptions. He stated bluntly: 'As long as the Strait of Hormuz is physically closed, prices will naturally rise. Whatever Trump says on a political level will make no difference.' (Jin10)
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