April 12, 2026 — Ceasefire Expires April 22 With No Extension in Sight.

10 Days Until Ceasefire Expires

The two-week truce expires April 22 with no visible path to extension. Market analysts warn this could trigger the most severe oil supply disruption since the 1973 Arab oil embargo. Goldman Sachs estimates oil could reach $150/barrel under the worst-case scenario of full conflict resumption.