US-Iran War: Traders Warn $100 Oil Is Imminent If Iran War Keeps Raging | WION Breaking
Edited By WION Video Desk
Published: Mar 08, 2026, 02:15 IST | Updated: Mar 08, 2026, 02:15 IST
Global oil markets are on edge as traders warn that crude prices could soon hit $100 a barrel if the war involving Iran continues to escalate. Brent crude has already surged above $90 per barrel amid fears of prolonged supply disruptions.
The conflict has severely disrupted shipping through the Strait of Hormuz, a critical route that carries around 20% of the world’s oil supply. Tanker traffic through the strait has plunged, raising concerns about a tightening global energy market.
Energy analysts say continued attacks on oil infrastructure and shipping lanes could push prices even higher, fuelling inflation and economic uncertainty worldwide.
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