Oil Markets Brace for Renewed Volatility as Ceasefire Future Uncertain

April 12, 2026 — Oil Markets Brace for Renewed Volatility as Ceasefire Future Uncertain.

Markets Brace for Monday Open

Energy traders are preparing for significant volatility when markets open Monday following the collapse of Islamabad talks and Trump's naval blockade announcement. WTI crude, which had stabilized near $98 during the ceasefire, is expected to surge past $100 as the geopolitical risk premium that had briefly unwound now rebuilds aggressively. Analysts at Goldman Sachs warned that a full resumption of hostilities could push Brent above $130 per barrel.