The oil market is expected to remain stable with prices around $50 per barrel, thanks to potential US intervention.

While the possibility of the Strait of Hormuz closing is a concern, it is seen as unlikely.

Rystad Energy forecasts that despite the ongoing conflict between Israel and Iran, oil prices will not surpass $80 per barrel.

Despite the ongoing strikes between Israel and Iran, Rystad Energy believes that oil prices will not exceed $80 per barrel, with the conflict now in its fourth day.

According to Mukesh Sahdev, Rystad Energy's Global Head of Commodities Markets - Oil, the US could help stabilize the situation in the market.

The closure of the Strait of Hormuz is a major risk, as it is a crucial crude flow lane where a significant amount of oil passes through daily.

Rystad Energy analysts consider a blockade of the Strait of Hormuz to be a major threat that could lead to unprecedented market conditions.

Despite concerns, the US may work to keep prices around $50, offering stability in the market.

Rystad Energy believes that the conflict is likely to be short-lived, with the potential for further escalation beyond the control of key players.

Although Israel and Iran have targeted each other's energy sites, these actions have not had a significant impact on global oil production or flows.

After a price increase on Friday due to Israeli strikes on Iran, oil prices remained steady on Monday, trading in the low $70s per barrel as Middle East oil flows continue uninterrupted.