The Zhitong Finance App notes that some analysts have predicted that when the US-Iran war actually blocks the Strait of Hormuz, a key channel for 20% of the world's supply, the price of crude oil may reach 150 US dollars or even 200 US dollars per barrel. However, Brent crude oil futures reached a maximum of only $126 per barrel, and the average price remained around $100 per barrel from the outbreak of the conflict on February 28 until President Trump suspended his crackdown on Iran on June 11.

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