Oil's worst-case scenario: $200 if Hormuz remains closed
Corroborated by 5 sources from 5 publishers
TL;DR
Commodities: Oil Eases As Report Suggests War Could End Without Hormuz Reopening Oil prices gain for the month but fall for the session on hopes that an end to the Iran war may be near Oil prices saw a record rise in March. Why the U.S. may not need to reopen the Strait of Hormuz.
Sources
1
OilPrice.com
https://oilprice.com/Latest-Energy-News/World-News/Six-More-Weeks-of-Choked-Hormuz-Supply-Could-Send-Oil-to-200.html
2
Seeking Alpha Market News
https://seekingalpha.com/article/4887357-commodities-oil-eases-report-suggests-war-end-without-hormuz-reopening?source=feed_all_articles
3
MarketWatch Top Stories
https://www.marketwatch.com/story/oil-holds-near-four-year-high-on-unclear-plan-for-future-reopening-of-strait-of-hormuz-82db1c21?mod=mw_rss_topstories
4
MarketWatch Top Stories
https://www.marketwatch.com/story/oil-prices-saw-a-record-rise-in-march-why-the-u-s-may-not-need-to-reopen-the-strait-of-hormuz-1601dccd?mod=mw_rss_topstories
5
CNBC 100004038
https://www.cnbc.com/video/2026/04/01/ubs-10-million-bpd-crude-lost-due-to-strait-of-hormuz-closure.html
6
Axios Feed
https://www.axios.com/2026/04/01/oil-prices-200-barrel-strait-hormuz