Oil Could Surge to $200 if Conflict Continues: Energy ETFs in Focus
Macquarie Group has warned that oil prices could spike to $200 per barrel if the Iran war extends into June and the Strait of Hormuz remains shut, per Bloomberg, as quoted on Yahoo Finance.Analysts estimate a 40% probability of this high-risk scenario. However, there is a 60% chance of the war endi…
Macquarie Group has warned that oil prices could spike to $200 per barrel if the Iran war extends into June and the Strait of Hormuz remains shut, per Bloomberg, as quoted on Yahoo Finance.Analysts estimate a 40% probability of this high-risk scenario. However, there is a 60% chance of the war endi…
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
