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Will the War in Iran send oil skyrocketing above $150?

Apr 14, 2026
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If you thought markets were back to normal following last week’s ceasefire between the US and Iran, you thought wrong. Oil soared back above $100 a barrel on Monday after President Trump said the U.S. would blockade the Strait of Hormuz, a key passageway for global oil supplies to the south of Iran. And some analysts fear oil could yet surge to $150 a barrel. So how did we get here? Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam
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