New Delhi, April 2 -- Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head - Commodity, SMC Global Securities.

"After USD 130, USD 150, I think many political alliance, they will come forward and they will stop it... USD 150 is itself a very alarming situation and many things are happening... otherwise, it will be a mayhem," Bharti told ANI on Thursday.

Currently, global oil markets face supply disruptions of around 10 million barrels per day, with shipments through the Strait of Hormuz under strain. Asia, which accounts for 58.8 per cent of the global population, is among the worst-affe...