Expert Predicts Oil Prices Could Hit $150-$200 if Strait of Hormuz Closure Persists

An expert warns that oil prices could soar to $150-$200 per barrel if the closure of the Strait of Hormuz continues and global supplies are choked, amidst the ongoing conflict in West Asia.

31 Mar, 10:57 — 31 Mar, 10:57

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hindustan-timesMostly Factual17d ago

Oil may hit $150-$200 if Strait of Hormuz closure drags on, supplies choke, says expert

While the conflict between US, Israel and Iran – which has also embroiled other countries in West Asia – continues, oil prices have soared this month.

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Expert Predicts Oil Prices Could Hit $150-$200 if Strait of Hormuz Closure Persists

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Oil may hit $150-$200 if Strait of Hormuz closure drags on, supplies choke, says expert

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