Crude could hit USD 150 within weeks if disruption persists, global oil shortfall at 10-12 million bpd: Oil Analyst, Sparta Commodities

Iran Herald · April 13, 2026 Sanctions

By Nikhil Dedha Dubai [UAE], April 13 (ANI): Global oil markets are facing a severe supply crunch, with crude prices likely to surge further and potentially touch USD 150 per barrel within weeks if ongoing geopolitical tensions persist, according to Abhishek Kumar, Senior Oil Analyst at Sparta Commodities.

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