Vandana Hari

Vandana Hari is the founder and CEO of Vanda Insights, a Singapore-based energy market intelligence firm. She has covered oil markets for over two decades, with a particular focus on Asia-Pacific crude flows and Middle East supply dynamics, and is regularly cited by Reuters, Bloomberg, and the Financial Times.

Hari emerged as one of the most quoted voices on the Iran conflict oil price surge. On 19 March 2026, as Brent touched $119 per barrel, she stated that $200 was "already within sight" and noted that Middle Eastern benchmarks, including Oman and Dubai crude, had already crossed $150 . She continued to feature in coverage of the record $14.20-per-barrel spot backwardation that followed .

Hari occupies a distinctive position among energy analysts: her $200 forecast was more aggressive than Rystad Energy's $110-$135 modelled range and aligned with the extreme scenario outlined by Oxford Economics . The question her calls raise is whether Asian demand destruction will act as a ceiling before Hormuz-driven supply shocks push prices to those levels.