$150 Oil - This Is What It Would Take
Source: SeekingAlpha
2026-03-06 07:29:22 ET
Written by Sam Kovacs on March 5th, 2026.
Introduction
Ok, let me paint the picture for you:
Imagine it's April 2026.
Hormuz would have been closed for 6 weeks. The Islamic Revolutionary Guard Corps (IRGC) would have been operating autonomously under a newly appointed Supreme Leader Mojtaba Khameini.
The shipping lanes in the Strait of Hormuz would have been seeded with hundreds of mines....
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$150 Oil - This Is What It Would Take
Imperial Oil Limited
NASDAQ: IMO:CC
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