Iranian Parliament Speaker Ghalibaf has warned that international oil prices could remain in the triple digits for an extended period if the current conflict escalates to affect infrastructure. Speaking on March 9, Ghalibaf highlighted the potential for long-lasting economic impacts both regionally and globally should the situation worsen. This statement underscores concerns about the stability of oil markets amid geopolitical tensions.
Iranian Speaker Warns of Prolonged Triple-Digit Oil Prices Amid Conflict
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