FGE NexantECA Chairman Emeritus Fereidun Fesharaki says he sees oil prices rising to $150 a barrel if the Strait of Hormuz is still effectively closed by August. On Bloomberg's Insight with Haslinda Amin, he also said oil could be closer to $200 a barrel by the end of the year. Fesharaki spoke ...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-12/oil-seen-rising-past-150-if-hormuz-still-closed-video)