Oil Prices Could Surpass $200, Analysts Warn of Global Recession
Energy industry analysts predict oil prices may surge to $200 per barrel, threatening a global recession. The Strait of Hormuz blockade is cited as a major contributor to this scenario.
<p> <img alt="The International Energy Agency (IEA) has described the crisis as “the greatest threat to global energy security in history.”" height="80" src="https://en.mercopress.com/data/cache/noticias/109547/100x80/gas.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Oil prices could surpass $150 per barrel and approach $200 if the Strait of Hormuz blockade persists, according to energy industry analysts β a level that would...