Iran war pushes oil price above $90 threatening rise in global inflation
Iran conflict drives oil prices above $90 per barrel, the highest weekly gain since 2020, threatening global inflation and potential Middle East storage crisis forcing production halts.
Iran war pushes oil price above $90 threatening rise in global inflation
Iran conflict drives oil prices above $90 per barrel, the highest weekly gain since 2020, threatening global inflation and potential Middle East storage crisis forcing production halts.
How high could oil go, and what might the global economic fallout be?
Oil prices surpassing $100 per barrel due to US-Israel conflict with Iran threaten global economic stability through inflation, market volatility, and potential central bank rate increases.