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Iran warns oil might hit $200 per barrel as US, IEA launch emergency reserves

greater by greater
March 12, 2026
Reading Time: 6 mins read
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Iran warns oil might hit 0 per barrel as US, IEA launch emergency reserves


Patrick De Haan, GasBuddy’s head of petroleum evaluation, says an increase in fuel costs from a possible Iranian shutdown of the Strait of Hormuz ‘wouldn’t final l

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