Amid escalating tensions in the Middle East, disruptions to energy shipments through the Strait of Hormuz have triggered significant volatility in global oil markets. In this context, leading financial institution JPMorgan has issued a warning over the potential trajectory of oil prices.
According to the bank’s analysis, if supply disruptions persist, crude oil prices could rise to between $120 and $130 per barrel in the near term. It further cautioned that a prolonged crisis may push prices beyond the $150 mark.
The Strait of Hormuz remains a critical artery for global energy flows, with a substantial share of the world’s oil and gas passing through it. Any disruption in this key route directly strains global supply chains and exerts upward pressure on prices.
JPMorgan also noted that oil prices are likely to remain above $100 per barrel throughout the second quarter of the year, from April to June. However, if diplomatic efforts help stabilize the পরিস্থিতি and inventories improve, prices may ease somewhat in the second half of 2026.
Meanwhile, Washington’s continued pressure on Iran has added to market uncertainty, intensifying volatility and raising concerns among investors.
Experts warn that persistently high oil prices could dampen global demand and ultimately push the world economy toward a potential slowdown or recession.