Crude Oil Prices Soar to 43-Year High Amidst War: Experts Warn of $150/Barrel if Conflict Persists

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Crude Oil Prices Soar to 43-Year High Amid West Asia War, Could Hit $150

भारत अपनी कुल जरूरत का करीब 60 प्रतिशत खाद्य तेल आयात करता है. हालांकि मिडिल ईस्ट से सीधे तौर पर बहुत बड़ी मात्रा में तेल का आयात नहीं होता, लेकिन वैश्विक बाजार में किसी भी तरह की हलचल का असर तुरंत कीमतों पर दिखाई देने लगता है. मिडिल ईस्ट में तनाव बढ़ने के बाद अंतरराष्ट्रीय बाजार में खाद्य तेल की कीमतों में तेजी आई है, जिसका असर अब घरेलू बाजार में भी दिखने लगा है.

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CNBC Awaaz•08-03-2026, 11:21

Crude Oil Prices Soar to 43-Year High Amid West Asia War, Could Hit $150

•Crude oil prices saw a historic surge this week due to escalating conflict in West Asia.
•US crude (WTI) recorded its largest weekly gain since 1983; Brent crude also surged significantly.
•The Iran-US conflict has disrupted the Strait of Hormuz, a critical global energy supply route.
•Qatar's Energy Minister warns crude prices could reach $150 per barrel if the Strait of Hormuz remains closed.
•Iraq and Kuwait have begun production cuts; JP Morgan predicts a 6 million bpd drop if the Strait isn't reopened.

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