Why oil prices aren’t what you think – and what it means for global supply Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.Share this: How will soaring oil prices caused by Iran war impact food prices?DateMarch 10, 2026In relation toAl-JazeeraOil prices could hit $120 as war risks escalate, analyst warnsDateMarch 26, 2026In relation toAl-JazeeraCould Trump ‘take over’ the Strait of Hormuz as oil prices rise?DateMarch 10, 2026In relation toAl-Jazeera