As someone who routinely mocks permabullish clickbait oil forecasts, I want to be exceptionally clear:

Crude WILL go to $200/bbl, en route higher, unless traffic through the Strait resumes.

Not clickbait, but rather brutal physics and necessary economic incentives. https://t.co/7cYaHAwd17

— Rory Johnston (@Rory_Johnston) March 6, 2026