LONDON, April 4 -- Having once more soared beyond US$110 (RM444) per barrel yesterday, could oil prices reach new records beyond US$150 as some analysts believe?

President Donald Trump's latest belligerent tone over the Middle East war has reignited concerns about persistently high crude costs and the limited measures available to tackle the fallout.

US$200 oil? 

Since the start of the US-Israeli conflict with Iran on February 28, benchmark oil prices have soared more than 50 per cent largely owing to the Strait of Hormuz - through which normally one-fifth of the world's crude passes - shutting to most tankers.

French bank Societe Generale said US$150 is a "credible" outcome on a prolonged war, while most analysts estimate crude ...