[Energy Research Institution: Oil Prices Could Surge to $150 if Middle East Conflict Persists] Odaily Planet Daily News – Claudio Galimberti, Chief Economist at independent energy research and business intelligence company Rystad Energy, stated that if the conflict in the Middle East continues, international oil prices could rise to $150 per barrel in the coming months. He noted that global crude oil inventories are currently at low levels and warned that if the conflict remains unresolved and supply does not increase, inventories will continue to decline, further driving up prices. He said: 'Under the current circumstances, unless we resolve (the Middle East conflict), and unless we start seeing an increase in supply flows, inventories will keep falling, which means prices will keep rising.' As of June 9, 2026, Brent crude oil is priced at approximately $92 per barrel, and WTI crude oil is around $90 per barrel. (Jin10)