Brent crude oil prices are projected to rise to $80 per barrel due to escalating tensions between the U.S. and Russia, particularly if Russian oil is removed from the global supply chain, potentially pushing prices to $100-$120. Indian refiners, while not facing immediate supply shortages due to diverse import sources, may struggle with rising consumer prices. The global oil market is sensitive to geopolitical uncertainties and limited spare production capacity, challenging immediate responses from OPEC and other producers. The interplay of U.S. sanctions, trade agreements, and currency fluctuations adds further complexity to the pricing landscape, with analysts anticipating continued volatility.