Janiv Shah, Vice President of Oil Markets at Rystad Energy, stated that Brent crude prices could rise to $135 per barrel if supply disruptions in the Middle East last for four months. The company predicts that in a shorter crisis scenario lasting two months, oil prices will rise above $110 per barrel in April, before falling back to around $70 by the end of the year as supply returns to normal. Under this scenario, the average oil price in 2026 would be around $87 per barrel. If the war lasts four months, Brent crude prices will surge to around $135 per barrel in May, before falling back to around $85 by the end of the year as market supply and demand rebalance. Shah stated, “The current focus has completely shifted to national energy security, making current oil prices a very real threat to global stability.” (Jinshi)