‘Crude Can Touch $85/Barrel’: Narendra Taneja on Strait Of Hormuz Tensions

Name: ‘Crude Can Touch $85/Barrel’: Narendra Taneja on Strait Of Hormuz Tensions
Uploaded: 2026-03-02T17:16:34+05:30
Duration: 7 min 25 s
Channel: Asianet Newsable English
Description: Amid rising concerns around the Strait of Hormuz, geopolitical expert Narendra Taneja said crude prices could climb to $85 per barrel. He noted that developments in Iran may reshape global oil flows, while increased supply in the long term could stabilise markets and support India’s energy security.

Asianet Newsable English

Published : Mar 02, 2026, 05:16 PM IST

Amid rising concerns around the Strait of Hormuz, geopolitical expert Narendra Taneja said crude prices could climb to $85 per barrel. He noted that developments in Iran may reshape global oil flows, while increased supply in the long term could stabilise markets and support India’s energy security.

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