Chairman of the Energy Committee: If conflicts resume, oil will decline to $150 Hojatul Islam Ahmadi: If the world markets were not closed at the end of the working day on Friday and the transactions continued, the price of oil would reach $120 per barrel. In the coming days and weeks, the supply of oil will decrease again, so the price increase will accelerate. If the conflicts resume, there is a possibility that the prices will reach 150 dollars, after which it will be very difficult to lower the price of oil; Of course, if there is no war, the price will rise again, but at a slower pace. Photo: Miriam Hashemi - Kishore.