The White House denies concerns and forecasts from the president’s team <\/p>\n
The team of U.S. leader Donald Trump is analyzing the consequences of a sharp rise in oil prices to $200 per barrel. This scenario is being considered against the backdrop of escalating war risks.<\/p>\n
This was reported by RBC-Ukraine, citing Bloomberg.<\/p>\n
Also read: Oil prices hit a record high following the start of the war in Iran<\/strong><\/p>\n The administration of U.S. President Donald Trump is studying the potential consequences of a sharp increase in oil prices to $200 per barrel.<\/p>\n According to sources from the agency, officials are analyzing how such a price shock could impact the U.S. economy and global markets. This indicates that Washington is preparing for even the most negative scenarios.<\/p>\n Why the $200 per barrel scenario is being considered<\/p>\n The main reason for this is the war in Iran, the risks of further escalation, and threats to oil supplies. In particular, the situation in the Strait of Hormuz remains a key factor, through which a significant portion of global energy resource supplies passes.<\/p>\n Experts warn that even prices at the level of $170 per barrel would already be a serious blow to the global economy, while $200 could lead to widespread consequences.<\/p>\n Consequences for the economy<\/p>\n A sharp rise in oil prices could:<\/p>\n Since oil is a fundamental resource for most industries, its price increase automatically raises costs in almost all sectors of the economy.<\/strong><\/p>\n How realistic is such a scenario<\/p>\n At the same time, officials within the U.S. administration have publicly stated that a price of $200 per barrel seems unlikely, although it cannot be completely ruled out amid geopolitical tensions.<\/p>\n Currently, Washington continues to seek ways to curb prices, including through the use of strategic reserves and other market influence tools.<\/p>\n As is known, immediately after the start of the U.S. and Israeli operation against Iran, Tehran closed the Strait of Hormuz, which is crucial for global oil supplies.<\/p>\n This caused global oil and fuel prices to spike accordingly.<\/p>\n","protected":false},"excerpt":{"rendered":" The White House denies concerns and forecasts from the president’s team. The team of U.S. leader Donald Trump is analyzing the implications of a sharp rise in oil prices to $200 per barrel. This scenario is being considered against the backdrop of escalating war risks.<\/p>\n","protected":false},"author":1,"featured_media":65299,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"magazine_newspaper_sidebar_layout":"","footnotes":""},"categories":[75],"tags":[],"class_list":["post-65609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-en"],"yoast_head":"\n\n