RE: The government is preparing for a 'worst-case scenario' where the Middle East crisis continues to rage for months to come. Internal analysis is said to have concluded oil prices could reach $150 a barrel if fighting continues until May, with gas costs also spiking. Only a 'best case' presented to ministers, where the conflict ends within days, would see the price stabilising below $100 a barrel, according to Bloomberg.12 Mar 2026 14:12
From my research and contacts inn the hedge funds , the money is on oil reaching 150 USD a Barrel ..in the near term , the USA has confirmed that it wont be able to protect the safe carriage of oil through the route until the end of the month , how much damage will that cause to the oil supply in by them and that is a rough estimate .. meaning it may not even be possible due to logistics ..
As most stocks take a plunge , FTSE , DOW Jones , SMP 500 all opened down today , hence all investors will shift to oil shares and this is one of the best for high reward and safely placed in a geo region well away from the oil .,..The USA , or china could very easily buy this company at a premium now .. please od your own research and I reiterate this is not financial advice .. its common sense .. no placing or funding required here either now for the next 6 months at least .. and that is being very conservative...