Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses ...Middle East

OILPRICE - Economy
Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses
Oil prices could hit $150 per barrel if hostilities between the United States and Iran escalate further from the current, most testing period in the ceasefire, according to intelligence firm Rystad Energy. Renewed hostilities would further deepen the supply shut-ins in the Middle East as the war risk and the near-closed Strait of Hormuz continue to pressure upstream production, the Norway-based energy research company said. “At this stage, it is too early to say whether the current escalation marks a full resumption of hostilities or a dangerous…

Hence then, the article about oil could hit 150 if u s iran ceasefire collapses was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News
before hour & 23 minute