6 years ago

Iran warns: oil prices in the Persian Gulf will break through 100 dollars if it breaks military conflict

1 min read
iran oil

The relationship between the United States and Iran has continued to be tense. Since the United States withdrew from the Iranian nuclear agreement last year, it has stepped up sanctions against Iran, banned Iranian oil exports, and recently increased its military investment near the Persian Gulf. Iran warned that if a military conflict erupts in the Persian Gulf, oil prices will exceed $100 a barrel. 

Iran’s semi-official news agency Fars quoted Yahya Rahim Safavi, senior military adviser to Iran’s supreme spiritual leader Ayatollah Ali Khamenei, as saying, “Any fire in the Persian Gulf will raise oil prices to more than $100 a barrel. This is unbearable for the United States and Europe, and for American allies such as Japan and South Korea.” 

He also pointed out that the current military forces deployed by the United States in the Middle East are within the range of Iranian missiles, while the United States and foreign forces The Navy’s ship in the Persian Gulf is also within the range of the Iranian Revolutionary Guard (IRGC) against the sea missile.

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