Crude may touch $150/barrel if Strait of Hormuz remains closed for 4-8 weeks: Nuvama

The Times of India - March 13, 2026

Crude may touch $150/barrel if Strait of Hormuz remains closed for 4-8 weeks: Nuvama

Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.

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