Analyst: Oil costs may hit $100/bbl as strait of Hormuz visitors halts
Analysts are warning that the US-Israel warfare with Iran may drive oil costs as much as $100 a barrel.
Consultancy agency Wooden Mackenzie is warning that larger oil and fuel costs are sure, and that oil costs may probably exceeding $100/barrel if tanker flows by means of the strait of Hormuz will not be rapidly restored.
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