Oil prices may skyrocket in India amid US-Russia tension

Oil prices in India may increase as the Russia-US tensions are expected to push crude oil prices higher. The global supply chain is also expected to be affected amid the ongoing tension between Russia and the US over the Russia-Ukraine war. The price of Brent crude oil could rise to $80 per barrel. Donald Trump is determined to stop the Russia-Ukraine war to claim the Nobel Peace Prize, and if the war does not end, prices may rise further by the end of 2025.

New Delhi: Global oil supply is expected to be disrupted due to rising tensions between Russia and the US. In this situation, oil market experts believe that Brent crude oil prices could reach $80 per barrel in the coming months. If geopolitical risks escalate further, oil prices could come under further pressure.

Big hike in oil prices likely by the end of 2025

N.S. Ramaswami, Head of Commodities and CRM at Ventura Securities, told ANI that Brent oil (October 2025) prices could start from $72.07 and go up to $76. He also said that prices could reach $80-$82 per barrel by the end of 2025.

A major reason behind this is the warning given to Russia by US President Donald Trump. Trump has asked Russia to end the Ukraine war within 10-12 days. If Russia does not do so, the US may impose additional sanctions and 100% secondary tariffs on countries trading with Russia. This will affect oil supply and further increase prices.

The US's tough stance may cause market turmoil

This policy of Trump may increase difficulties for countries that import crude oil from Russia. They will be in a dilemma whether to buy Russian oil at a lower rate or face heavy US tariffs. This will have a direct impact on the global oil market.

Experts estimate that the price of West Texas Intermediate (WTI) crude oil (September 2025) may increase from $69.65 to $73. By the end of 2025 this price can reach 76-79 dollars, although the lower support can remain at 65 dollars.

Will Russia's ban on oil exports lead to a huge surge in prices?

Energy expert Narendra Taneja has warned that Russia supplies 50 lakh barrels of oil to the global market every day. If Russia is completely excluded from oil exports, then crude oil prices can reach 100 to 120 dollars per barrel or even more.

Reduction in oil production can keep high prices till 2026

Analysts believe that the reduction in oil production capacity will affect the supply, due to which oil prices can remain at high levels till 2026. This will also increase the pressure on the prices of petrol, diesel, and other energy products, which can affect the global economy.

Russia-US tensions, the Ukraine war, and US sanctions may increase volatility in the oil market. If Russia's oil supply is disrupted, prices may rise unexpectedly, posing a risk of inflation and economic recession worldwide. Therefore, investors and governments have to be prepared for this situation.