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Iran Crisis: Analyst Sees No Hormuz Risk, No $100 Oil

Mukesh Sahdev, founder, CEO, and chief oil analyst at XAnalysts, says the Middle East conflict is effectively over and that oil prices are unlikely to rise above $100 per barrel, as a Strait of Hormuz shutdown is not expected. He notes that the market remains well supplied and expects crude to eventually settle in the $60–$70 range. (Source: Bloomberg)

Mar 02, 2026 &03560202202631; 03:56 UTC feeds.bloomberg.com Trending 5/5

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Negative for markets

Sentiment score: -80/100

Moderate impact Medium-term (weeks)

WHAT THIS MEANS

An analyst indicates that the Middle East conflict has ended with no risk of a Strait of Hormuz shutdown, preventing oil prices from exceeding $100 per barrel. The market is well supplied, and crude oil is anticipated to stabilize in the $60-70 range, reducing upward price pressure.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↓

Oil (WTI Crude)

CL=FCommodity

Expected to decline

Analyst predicts no supply disruption and expects oversupply to keep prices low, capping gains.

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider shorting oil futures or avoiding long positions in energy-related assets, as prices are likely to decline or remain subdued.

KEY SIGNALS

No Strait of Hormuz shutdown expectedMarket remains well suppliedOil price forecast lowered to $60-70 range

SECTORS INVOLVED

EnergyOil & Gas

Analysis generated on Mar 02, 2026 at 04:12 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Bloomberg Markets. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Iran Crisis: Analyst Sees No Hormuz Risk, No $100 Oil

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