ETMarkets.comForget $150, oil at $200 in few months is the new grave warning to the world (Representative Image)Global oil markets may be underestimating the scale of the current crisis, with Macquarie Group warning that crude prices could surge to an unprecedented $200 a barrel if the Iran conflict drags into mid-year and keeps the vital Strait of Hormuz shut.In a note dated March 27, as reported by Bloomberg, analysts including Vikas Dwivedi outlined a worst-case scenario with a 40% probabilit...
Forget $150, oil price aim has a new grave warning
ಮೂಲ: Economic Times
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