Macquarie warns that if the Iran war continues until June, oil prices may rise to $200.

Macquarie stated that if the Iran war continues until June and the crucial shipping lane of the Strait of Hormuz remains closed, oil prices could reach a record high of $200 per barrel. Analysts like Vikas Dwivedi mentioned in a report that if the conflict continues into the second quarter, it could lead to actual prices rising to historical highs, with a 40% likelihood. They also mentioned that there is a 60% possibility that the war will end by the end of this month.