According to Bruce Kasman, chief economist at J.P. Morgan, this outlook was expressed in an interview with The Times newspaper.
Kasman emphasized that "if the strait remains closed for another month, it will not only raise oil prices to $150 per barrel but also create electricity supply issues for industrial consumers."
On the London ICE exchange, on March 30, the price of Brent crude oil futures for June 2026 surpassed $115 per barrel for the first time since March 19, 2026, but then fell to $112.78 per barrel.
