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Oil could surge to $250 a barrel if Iran follows through with its threat to close a key choke point, analyst says - Business Insider
Business Insider | Oil could surge to $250 a barrel if Iran follows through with its threat to close a key choke point, analyst says Business Insider Crude oil prices could jump as high as US$250 a barrel if Iran goes through with its threat to close the Strait of Hormuz in response to U.S. pressure on oil buyers to cut their Iranian purchases to zero, RT reports, quoting analysts. The most bullish ... Iran promises to sell as much oil as it can in wake of US sanctions Iran vows to sell as much oil as it can despite US sanctions |
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