Episode Details

Macquarie Group analysts predict oil prices could surge to a record $200 a barrel if the Iran-US-Israel conflict persists until June, with the Strait of Hormuz closed. They estimate a 60% chance of conflict resolution by end of March, but a 40% risk of prices reaching historic highs adjusted for inflation. The ongoing conflict has already pushed Brent crude to its biggest monthly jump ever, disrupting energy shipments and forcing prices up as buyers seek alternatives.

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