Expert warns of $200 oil in ‘greatest energy crisis in history’

International energy consultant Mamdouh Salameh warned that the ongoing closure of the Strait of Hormuz—even for a brief period—will trigger a massive surge in oil prices, predicting that Brent crude could exceed $120 per barrel within days. Speaking to Al Qahera News, Salameh explained that a six-month blockade could drive prices to between $150 and … The post Expert warns of $200 oil in ‘greatest energy crisis in history’ appeared first on Egypt Independent .