Saudi Officials Warn Oil Could Surpass $180 a Barrel if Iran Conflict Persists

TL;DR Summary
Saudi oil officials warned that if supply disruptions from the Iran war last beyond April, crude prices could top $180 a barrel, with Brent around $103 as the Strait of Hormuz disruptions and energy attacks keep markets volatile. A prolonged conflict could hurt economies and inflation and lift US gasoline prices, even as some analysts warn prices may stay elevated longer and threaten demand. While there are hopes prices could ease by summer, experts say there are no guarantees, and warnings about Saudi perceived profiteering reflect the war's broader geopolitical costs.
- Saudi Arabia warns oil prices could spike past $180 a barrel if Iran war rages on: report New York Post
- Exclusive | Saudi Arabia Sees a Spike to $180 Oil if Energy Shock Persists Past April WSJ
- Oil prices top $112 after Iraq declares force majeure, Kuwait refineries attacked CNBC
- How High Will Oil Prices Go? Global Markets Brace for More Bad News. The New York Times
- Oil Prices Ease As US Pulls Out All Stops To Secure Supply Crude Oil Prices Today | OilPrice.com
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