Crude Oil Back to $100? Pricing Outlook as U.S.-Iran War Continues

• Geopolitical tensions, including the U.S.-Iran conflict and Red Sea threats, are creating significant fragility in global oil supply chains.
• Experts believe investors may be underestimating the supply risks, with one analyst predicting crude oil prices could exceed $100 per barrel soon.
• China's role as a potential marginal buyer and the impact of Russian oil supplies are also key factors influencing the market outlook.

The discussion focuses on the fragile global oil supply due to ongoing geopolitical tensions, particularly the U.S.-Iran conflict and Red Sea disruptions. Experts warn that crude oil prices are at risk of climbing, potentially exceeding $100 per barrel, driven by these risks and China's evolving demand dynamics.