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$200 Oil No Longer Crazy Idea as Middle East Supply Collapses

$200 Oil No Longer Crazy Idea as Middle East Supply Collapses https://oilprice.com/Energy/Oil-Prices/200-Oil-No-Longer-Crazy-Idea-as-Middle-East-Supply-Collapses.html By Irina Slav - Mar 18, 2026, 7:00 PM CDT Middle East oil exports and production college-republicans-sue-uf-over-club-deactivation.html" class="story-link" title="Republicans Have a New Plan to Trick People Into Voting Against Abortion Rights.">have collapsed, removing over 7–10 million bpd from global supply and creating a severe physical shortage. Tight supply and limited storage mean prices could surge to $150–$200+ per barrel, with some analysts warning of extreme spikes if disruptions pe

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