Oil could hit $120 if West Asia conflict drags on: Infomerics Chief Economist

Iran Herald · March 7, 2026 War

New Delhi [India], March 7 (ANI): Global crude oil prices could climb to around USD 120 per barrel if the conflict in West Asia continues for a prolonged period, said Manoranjan Sharma, Chief Economist at Infomerics Ratings, warning that an extended geopolitical crisis could significantly disrupt global economic calculations.