Any Clash in the Gulf would Push Oil Prices above $100

U.S. military vessels in the Gulf are within the range of Iranian missiles. a top military aide to Iran’s Supreme Leader Ayatollah Ali Khamenei said on Sunday. warning any clash between the two countries would push oil prices above $100 a barrel.

Yahya Rahim Safavi was quoted as saying by Fars news agency: “The first bullet fired in the Persian Gulf will push oil prices above $100. This would be unbearable to America. Europe and the U.S. allies like Japan and South Korea.“

 

About core

Check Also

China Oil Imports Surge to Two-Year High

China imported 12.38 million barrels of crude oil daily last month, which was a 4.88% …

Leave a Reply

Your email address will not be published. Required fields are marked *