Ziad Daoud(@ZiadMDaoud):Before the Iran war, many forecasters predicted oil prices in the $50's Today, crude is near $99 -- and $120 is plausible Getting there would require 3 conditions: 1. Military escalation 2. Hormuz closure 3. Disruption to alternative export routes Let’s take them in turn 1/5

Ziad Daoud

@ZiadMDaoud

Chief Emerging Markets Economist at Bloomberg. Senior Fellow at Harvard @MiddleEast_HKS. PhD @LSEEcon. Views are mine. الأحد بالعربي

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Ziad Daoud@ZiadMDaoud

2026.09.08 08:58

Before the Iran war, many forecasters predicted oil prices in the $50's Today, crude is near $99 -- and $120 is plausible Getting there would require 3 conditions: 1. Military escalation 2. Hormuz closure 3. Disruption to alternative export routes Let’s take them in turn 1/5