Middle East tensions push WTI crude price expectations to $160 by April 2026

Middle Eastern energy disruptions are pushing WTI crude oil price expectations higher, with the WTI crude oil for April 2026 market pricing in a potential spike to $160 as geopolitical tensions squeeze supply chains. ## Market reaction The ongoing U.S.-Israel conflict against Iran has disrupted global LNG supply, with about 20% loss primarily from Qatar. This has forced a shift to U.S. LNG exports, positioning American energy as a geopolitical counterweight. The crude oil prices by end of June market reflects a similar upward trend, with the slow recovery of Middle Eastern energy infrastructure supporting the likelihood of crude reaching $90 by June. Neither market has seen significant trading activity yet.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.