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“If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline [back] down to the $100 level,” (…) “If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage.”

LINK TO THE SOURCE ARTICLE:
War between Saudi Arabia and Iran could send oil prices to $250

SOURCE: oilprice.com
OilPrice.com is a CNBC Partner Site

oilpriceWEB3

 

LINK TO THE SOURCE ARTICLE:

War between Saudi Arabia and Iran could send oil prices to $250

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