Svmuu - Oil prices could soar to $150 or even $200 a barrel if the near-shutdown of the Strait of Hormuz due to the war in Iran persists in the next six to eight weeks, energy market consulting firm FGE NexantECA said. Fereidun Fesharaki, the company's honorary chairman, said Tuesday, "100 million barrels of oil cannot pass through every week, that's 400 million barrels per month. Therefore, over a period of time, these losses suffered by the market will be astronomical." Fesharaki expressed skepticism about the effectiveness of Trump's verbal interventions, including comments about a possible end to the conflict, arguing that it is the "physical reality" of supply disruptions that ultimately drives prices. He says bluntly, "As soon as the Strait of Hormuz is physically closed, prices will naturally rise. Whatever Trump says on a political level won't help." (Golden Ten)