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Qatar Warns Middle East War Could Push Oil to $150 per Barrel
Qatar’s Energy Minister warns Iran–US–Israel conflict could spike oil prices to $150/bbl and disrupt Gulf energy exports, threatening the global economy.
ND
by News Desk
2026-03-06
Qatar Warns Middle East War Could Push Oil to $150 per Barrel

Qatar’s Energy Minister has warned that ongoing tensions and war in the Middle East involving Iran, the United States, and Israel could trigger a sharp rise in global oil prices, potentially reaching $150 per barrel within weeks.

Speaking on Friday, the minister highlighted the severe economic consequences a full-scale conflict in the region could have, stressing that energy exports from Gulf countries could be disrupted. The minister said such disruptions would not only threaten energy markets but also have serious repercussions for the global economy.

He emphasized that escalating hostilities in the Middle East risk creating instability in energy supply chains, which could exacerbate already volatile oil prices and create further financial uncertainty worldwide.

Global markets have already shown sensitivity to the conflict, and analysts warn that sustained interruptions to Gulf oil exports could intensify inflationary pressures and impact energy-dependent industries across the globe.

The warning adds to mounting concerns from international energy experts about the broader economic fallout of the US-Israel-Iran war in the region.
Tagged:

Qatar

MiddleEastConflict

OilPrices

EnergyCrisis

GlobalEconomy
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