Fesharaki Predicts Oil Prices Could Reach $150-$200 Soon

Chinese and regional commentary leans on Goldman Sachs research arguing that China’s economy is better shielded from an oil shock than the US. This view credits China’s energy policies, fuel subsidies and industrial structure, and suggests Beijing can manage higher crude prices more effectively than Western economies. Commentators still warn that a prolonged Iran conflict and Hormuz disruption would test China’s self-reliance and could strain its growth if prices stay near $150–$200.

• •Goldman Sachs economists say China’s economy is better insulated than the US from an oil price shock because of its energy mix and policy tools.
• •Chinese-focused analysis argues that fuel subsidies and state control over key sectors can soften the blow of higher crude prices for households and factories.
• •Regional commentary says an Iran war that keeps Hormuz disrupted would test China’s efforts to rely less on vulnerable sea lanes.
• •Analysts following China warn that crude prices near $150–$200 per barrel would still weigh on Chinese growth if sustained.
• •Commentary notes that Beijing may use this period to deepen ties with alternative suppliers and expand storage.