Iran War Day 12: Oil Prices Could Hit $200 a Barrel: Global Impact Explained
Автор: Connect Newsroom
Загружено: 2026-03-11
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Iran War Day 12 ਈਰਾਨ ਦੀ ਚੇਤਾਵਨੀ: $200 ਤੱਕ ਪਹੁੰਚ ਸਕਦੀ ਹੈ ਤੇਲ ਦੇ ਬੈਰਲ ਦੀ ਕੀਮਤ
On Day 12 of the Iran war, tensions in the Middle East continue to disrupt global energy markets, and Iranian military officials have **warned that oil prices could surge to $200 per barrel if supply through the Strait of Hormuz remains blocked or increasingly unsafe. This comes as shipping routes critical to about one‑fifth of the world’s oil supply face attack threats, pushing crude prices well above recent averages and rattling markets. In today’s Connect FM episode, hosts Vijay Saini and Vasu Kumar break down what rising oil prices mean for global inflation, fuel costs, Canada’s economy and everyday consumers.
#iranwar #oilprices #200DollarOil #straitofhormuz #energycrisis #globalmarkets #fuelprices #canadaeconomy #connectfm #vijaysaini #vasukumar #dailynews #breakingnews #geopolitics #inflation
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