Middle East situation gives birth to a $8/barrel oil risk premium, institutions argue about the possibility of oil prices exceeding $100.

According to the Wise Finance APP, as tensions in the Middle East continue to escalate, the international crude oil market is undergoing a new round of price reassessment. Industry observers point out that since the direct military conflict between Israel and Iran erupted last week, the Brent crude oil futures prices have implied a geopolitical risk premium of about $8 per barrel, based on a special survey of nine senior analysts.