Saudi Arabia warns of oil prices hitting $180 per barrel as Iran conflict threatens global energy shock

Saudi Arabia warns of oil prices hitting $180 per barrel as Iran conflict threatens global energy shock

Saudi officials warn that escalating conflict with Iran could push Brent crude to $200 per barrel by late April, triggering a global recession and severe economic instability. The vital maritime chokepoint, handling 20% of global oil shipments, has been block…

  • Saudi officials warn that escalating conflict with Iran could push Brent crude to $200 per barrel by late April, triggering a global recession and severe economic instability.
  • The vit… [+5060 chars]

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Saudi Arabia warns of oil prices hitting $180 per barrel as Iran conflict threatens global energy shock - FHMnews