Energy market shock — ME crude toward $150-300, Brent $110-113-120 volatile, TTF surges, 11-12MM bpd drop, SPR/sanctions, freight records, global rationing

Oil $110-120+ volatile (Hormuz squeeze despite ceasefire/30% fertilizer trapped risk/food catastrophe/prolonged repairs; 11-12mbd oil/140bcm gas lost/40+ assets incl Apr5/US Kharg; petrochem/urea shocks Gulf 15% global/20-40% food spikes 6-9mo/60-70% Asia naphtha/force majeure/IMF stagflation); UNCTAD inflation/GDP slowdown; OPEC+ symbolic; rationing spreads; shipping +29%; stocks +7-40%; renewables transition.

Sources (12)

Updated Apr 8, 2026

Middle East Investment Watch

Energy market shock — ME crude toward $150-300, Brent $110-113-120 volatile, TTF surges, 11-12MM bpd drop, SPR/sanctions, freight records, global rationing

Front-Month Repriced. Gulf Flows Will Still Take a While to Normalize.

World Bank slashes 2026 Middle East growth forecast after energy sector turmoil - World - Business Recorder

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Gulf stocks surge and oil falls after ceasefire deal | Semafor

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How sheltered really is the US from the Gulf oil supply crisis?

(Public) Analyzing Historical Analogs And When To Take Profits on Energy Stocks

BoE warns of global risks as Middle East conflict creates supply shock