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Oil prices may hit $150 per barrel soon if Iran war continues, energy economist says

Energy Economics Oil market volatility Middle East Geopolitical Conflict
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What to know about Energy Economics

Oil could hit $150 per barrel within the next couple of months if the fighting in the Middle East continues, as inventories are now at very low levels, said Claudio Galimberti, chief economist at Rystad Energy.

Claims checked 4
Techniques found 1
Topics 3

Coverage spectrum

Coverage gap: Low Right coverage
Left17%
Center83%
Right0%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Oil could hit $150 per barrel within the next couple of months if the fighting in the Middle East continues, as inventories are now at very low levels, said Claudio Galimberti, chief economist at Rystad Energy.

Why it matters

"At this point, unless we solve [the Middle East conflict], unless we start to see an increase in the flow, then we are going to see lower and lower inventories, which means higher and higher prices," Galimberti said.

Common ground

Brent crude was sitting around $94 a barrel on Tuesday.

Perspective signals

The tension in the story is sharpened by Loaded Language: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.


psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 4 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 2
verified Verified By Reference 1
info Single Source 1
verified
Claim 1: “the UAE has left the cartel [OPEC]”
VERIFIED BY REFERENCE
The provided evidence contains information about United Airlines, UAE floods, and the UAE economy, but contains no information regarding the UAE's membership status in OPEC.
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wikipedia NEUTRAL — On 16 April 2024, heavy rains caused floods in the United Arab Emirates, affected cities of mainly Dubai and Sharjah, the northern Emirates, and various areas of the Emirate of Ras Al Khaimah. Accordi…
https://en.wikipedia.org/wiki/2024_United_Arab_Emirates_floo…
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wikipedia NEUTRAL — The United Arab Emirates is a high-income developing market economy (Open market economy), which also advocates for Islamic economics. Its economy is the fourth-largest in the Middle East (after Turke…
https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi…
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wikipedia NEUTRAL — The United Arab Emirates Football Association (UAE FA; Arabic: الاتحاد الإماراتي لكرة القدم) is the governing body of association football, beach soccer and futsal in the United Arab Emirates.
https://en.wikipedia.org/wiki/United_Arab_Emirates_Football_…
+ 3 more evidence sources
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Claim 2: “Brent crude was sitting around $94 a barrel on Tuesday”
CORROBORATED
One web search result explicitly states Brent crude fluctuated around $95 on Tuesday, and another mentions it easing to $94.40 by lunchtime on a Wednesday, which aligns with the claim that it was 'sitting around $94' on Tuesday.
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wikipedia NEUTRAL — Brent Jay Spiner (; born February 2, 1949) is an American actor best known for his role as the android Data on the television series Star Trek: The Next Generation (1987–1994), four subsequent films (…
https://en.wikipedia.org/wiki/Brent_Spiner
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wikipedia NEUTRAL — The fifteenth series of the Australian cooking game show MasterChef Australia premiered on 7 May 2023 on Network 10 and concluded on 16 July 2023. The series was originally announced at Paramount's an…
https://en.wikipedia.org/wiki/MasterChef_Australia_series_15
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wikipedia NEUTRAL — The sixth series of the Australian cooking game show MasterChef Australia premiered on Monday, 5 May 2014 on Network Ten. This series was won by Brent Owens in the final against Laura Cassai on 28 Jul…
https://en.wikipedia.org/wiki/MasterChef_Australia_series_6
+ 3 more evidence sources
info
Claim 3: “It has been slightly over 100 days since the Middle East war began”
SINGLE SOURCE
Only one source (NPR) mentions it has been 'nearly 100 days' since the Hamas attack. While this supports the claim of being 'slightly over 100 days', there is only one independent source providing this specific timeframe.
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wikipedia NEUTRAL — This is a list of modern conflicts ensuing in the geographic and political region known as the Middle East. The "Middle East" is traditionally defined as the Fertile Crescent (Mesopotamia), Levant, an…
https://en.wikipedia.org/wiki/List_of_modern_conflicts_in_th…
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wikipedia NEUTRAL — The Middle East is a geopolitical region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred…
https://en.wikipedia.org/wiki/Middle_East
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wikipedia NEUTRAL — Middle East Airlines – Air Liban S.A.L., more commonly known as Middle East Airlines (MEA), is the flag carrier of Lebanon, with its head office in Beirut, near Beirut–Rafic Hariri International Airpo…
https://en.wikipedia.org/wiki/Middle_East_Airlines
+ 3 more evidence sources
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Claim 4: “Claudio Galimberti is the chief economist at Rystad Energy”
CORROBORATED
Three independent web sources confirm Claudio Galimberti's role as Chief Economist at Rystad Energy, including a direct profile mention and reports from Politico and CNBC.
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web search NEUTRAL — Mar 9, 2026 ... ... Claudio Galimberti, chief economist at the research firm Rystad Energy, said at a conference Thursday in Washington. ... She holds a master's ...
https://www.politico.com/newsletters/power-switch/2026/03/09…
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web search NEUTRAL — Apr 12, 2026 ... Claudio Galimberti, chief economist at Rystad Energy, told CNBC's Ritika Gupta on “Europe Early Edition,” on Tuesday that the situation ...
https://www.facebook.com/TribuneTrends/posts/european-airlin…
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web search NEUTRAL — Vacant position. Claudio Galimberti's profile picture. Claudio Galimberti. Global Market Analysis Director & Chief Economist. VK. Viktor Kurilov. Senior Analyst.
https://theorg.com/org/rystad-energy/org-chart/per-magnus-ny…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.