🚨 Just In: Iran Warns Oil Prices Could Surge If Strait of Hormuz Remains Closed 🛢️
Iranian officials say disruptions in the Strait of Hormuz — which carries about 20% of the world’s oil supply — could trigger a massive spike in global oil prices. 🌍
Analysts say even partial disruptions have already pushed crude higher, while worst-case scenarios from banks and brokerages suggest oil could jump toward $100–$150 per barrel if the closure continues.
⚠️ The strait is one of the most critical energy routes in the world, and prolonged conflict in the region could send shockwaves through global markets.
#USIranWarEscalation
Iranian officials say disruptions in the Strait of Hormuz — which carries about 20% of the world’s oil supply — could trigger a massive spike in global oil prices. 🌍
Analysts say even partial disruptions have already pushed crude higher, while worst-case scenarios from banks and brokerages suggest oil could jump toward $100–$150 per barrel if the closure continues.
⚠️ The strait is one of the most critical energy routes in the world, and prolonged conflict in the region could send shockwaves through global markets.
#USIranWarEscalation