ZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon

What happened: In a ZeroHedge Debate, analysts Paul Sankey and Arjun Murti and host Erik Townsend discussed how damage to global energy infrastructure during the Iran war could outlast the conflict, with Sankey predicting large upward moves in 2028 crude futures. Key numbers: Oil around $100 per barrel; Murti cited downturns in 2015, 2020, 2022, and 2025; Townsend referenced $60 and Why it matters: Sankey said refinery capacity will not recover soon, Townsend warned of a possible decades-long shortage of refined products, and Murti said "cash is king" amid geopolitical super volatility.

In a ZeroHedge Debate, analysts Paul Sankey and Arjun Murti and host Erik Townsend discussed how damage to global energy infrastructure during the Iran war could outlast the conflict, with Sankey predicting large upward moves in 2028 crude futures.

Sankey said refinery capacity will not recover soon, Townsend warned of a possible decades-long shortage of refined products, and Murti said "cash is king" amid geopolitical super volatility.