Oil unlikely to hit $200 a barrel, US energy chief says - Reuters
Oil unlikely to hit $200 a barrel, US energy chief says Reuters
Coverage by Political Leaning
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Notable Quotes
"Oil unlikely to hit $200 a barrel."
— US energy chief , Executive
"Get ready for oil [to] be $200 a barrel, because the oil price depends on regional security which you have destabilised."
— Ebrahim Zolfaqari , Activist
"If Iran blockades the Strait, he will intensify the bombings."
— Donald Trump , Politician
"Get ready for oil to be $200 a barrel, because the oil price depends on regional security, which you have destabilized."
— Ebrahim Zolfaqari , Activist
"Earlier today, 32 member nations of the International Energy Agency unanimously agreed to President Trump’s request to lower energy prices with a coordinated release of 400 million barrels of oil and refined products from their respective reserves."
— Chris Wright , Executive
"As part of this effort, President Trump authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week."
— Chris Wright , Executive
"Get ready for oil to be $200 a barrel, because the oil price depends on regional security, which you have destabilised."
— Ebrahim Zolfaqari , Activist
"We don’t want to leave early, do we? We got to finish the job."
— Donald Trump , Politician
"Anyone protesting would be treated as an enemy, not a protester."
— Ahmadreza Radan , Other
Key People
Iran's police chief.
Chris Wright is the U.S. Energy Secretary.
Former president of the United States known for his aggressive economic policies.
Spokesperson for Iran's military command.
Iran's Supreme Leader who is involved in ongoing peace negotiations.
The US energy chief is responsible for overseeing energy policies and initiatives in the United States.
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<a href="https://news.google.com/rss/articles/CBMiogFBVV95cUxNZnIxX0tKUWRQbTNRWkswSjIxZG9mRUhqZzhtblZ1YUNFbjh3LTlyVlpzeFFGUkdWVm9URFB6TmVHOE1PZmZBZkpWSkxTdmloT0JFeDBJeERVRjVWbFJLaHltbXZKdTd5Zi1pU2hWaGpSQ1cwV2kydFJSVkJWNkNWZHc1OVdpd3BWR1ZaVWtWcDVnMDE5RW0zODdOX1Bqbkdob3c?oc=5" target="_blank">Oil unlikely to hit $200 a barrel, US energy chief says</a> <font color="#6f6f6f">Reuters</font>
Iranian military spokesperson Ebrahim Zolfaqari warned that global oil prices could reach $200 per barrel, attributing the potential surge to regional security issues caused by U.S. and Israeli actions.
An Iranian official warned that oil prices could surge to $200 per barrel due to escalating tensions in the Strait of Hormuz, a critical global oil passage.
Iranian military spokesperson Ebrahim Zolfaqari stated that global oil prices could reach $200 per barrel, attributing the potential surge to regional security issues caused by U.S. and Israeli actions.
Iran warned that oil prices could soar to $200 per barrel amid escalating U.S. and Israeli strikes, prompting the U.S. and International Energy Agency to plan a significant release of emergency oil reserves.

Iranian officials cautioned that oil prices could surge to $200 per barrel if the conflict involving the U.S. and Israel continues to destabilize the Middle East's energy corridors.
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