MacGregor: After the easing of tensions, Brent crude bottomed out at $85 to $90 per barrel.

McKinsey's global energy strategist Vikas Dwivedi and his team stated in a report that following news of a possible easing of current tensions, the bottom for Brent oil prices could be around $85 to $90 per barrel; before the reopening of the Hormuz Strait, oil prices could potentially rise to around $110 per barrel. If the Hormuz Strait remains closed, Brent oil prices could still rise to around $150 per barrel by the end of April, and refined oil prices are expected to be 200% higher than pre-war levels. It is estimated that the total amount of oil transported through the strait is 1.5 million barrels per day, significantly lower than the normal level of 15 million barrels per day, indicating a supply gap of 13.5 million barrels per day. The report outlines six measures to address supply losses: releasing strategic oil reserves; increasing global shipping capacity from offshore and onshore large projects by 500,000 barrels per day this year; OPEC releasing oil stored outside the region; diverting transportation through pipelines, such as the Saudi East-West pipeline; reducing refinery operating rates due to insufficient crude supply, modeled at 3.5 million barrels per day; and releasing up to 75 million barrels of crude oil from floating storage.