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Iran warns: Oil prices could reach $200 per barrel

March 12, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Iran warns: Oil prices could reach $200 per barrel

Iran has warned that the world must prepare for the possibility of oil prices reaching $200 per barrel, following its forces launching attacks on commercial ships in the Gulf, according to Iranian media reports. These warnings come amid escalating regional tensions following a war that began with joint American-Israeli airstrikes about two weeks ago, resulting in the deaths of around two thousand people, mostly Iranians and Lebanese, and causing significant damage to global energy and transportation markets. Read the full content on الشروق أونلاين.

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