Iran warns oil could hit $200 after US strikes
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Iran threatened with $200 oil after U.S. strikes

Tehran has once again sharpened its oil rhetoric amid a new round of conflict with Washington. Ebrahim Zolfaghari, a spokesman for the Iranian military command, said that continued U.S. strikes in the Middle East could trigger a sharp jump in global oil prices.
Natasha Kim Reading time: 1 minute
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“The US only understands the language of force. Get ready for oil at $200,” Zolfaghari wrote on social network X, emphasizing that until the strikes stop, “there will be no agreement.”

The statement came hours after the US Central Command reported “defensive strikes” on southern Iran, meduza wrote. According to the US side, the operation targeted boats allegedly trying to plant mines in the Strait of Hormuz, as well as missile launch pads.

Despite the attack, Washington maintains that it still adheres to the ceasefire that has been in effect between the U.S. and Iran since April 7. The two sides previously agreed to begin preparations for a long-term peace agreement, but the fate of the Strait of Hormuz remains the main stumbling block.

After the war began in late February, Iran closed the strait to shipping, and the U.S. responded by imposing a naval blockade on Iranian ports. Against this background, global energy prices rose sharply, and the market began to lay down the risks of supply disruptions.

On May 24, the US media, citing sources, reported that Washington and Tehran had tentatively agreed on the opening of the Strait of Hormuz, but the memorandum has not yet been signed.

The Strait of Hormuz remains one of the world’s most important energy routes: a significant part of the world’s oil exports passes through it. Any threat of its blockage instantly affects global markets. So far, oil is holding around the $100 per barrel mark, but Iran is increasingly warning of a scenario of a new price shock.


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