Oil prices continue to rise amid escalating tensions

Tehran warns: Oil heading to $200?

An Iranian military spokesman has issued a dire warning that the price of a barrel of oil could skyrocket to $200 if the war with Israel and the US continues.

The price of oil continued to rise amid escalating tensions in the Middle East, which have sparked attacks on production sites and disrupted key shipping routes.

On Monday, a spokesman for Iran's military's joint command was quoted on national state television as saying: "If you can tolerate oil prices above $200 a barrel, continue this game."

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These statements, as reported by the Wall Street Journal, come after Israel launched attacks on Tehran's oil resources, forcing the nation to reduce its fuel surcharges for drivers, reports the Wall Street Journal.Cityam„.

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