Qatar Minister Warns Gulf Oil Exports Could Halt in Days, Oil May Reach $150

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Source: Seeking Alpha
Qatar Minister Warns Gulf Oil Exports Could Halt in Days, Oil May Reach $150
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TL;DR Summary

Qatar’s energy minister Saad al-Kaabi warned that a regional war could force all Persian Gulf energy exporters to shut production within days, potentially driving oil to about $150 per barrel and threatening LNG shipments, with heightened shipping risks through the Strait of Hormuz amplifying potential global energy-market disruption.

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