Oil prices could surge past $200 a barrel if Iran’s oil installations are taken offline, a chief commodities expert said. Iran accounts for over 2 million barrels of crude exports per day. Traders are hedging against the risk of oil disruption as Middle East tensions heat up.
Oil Prices Could Surge Beyond $200 if Middle East Tensions continue
According to SEB’s chief commodities analyst Bjarne Schieldrop, escalating tensions…
