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Oil price prediction: U.S. strike on Kharg Island may send oil higher, Brian Krassenstein warns

Oil price prediction: U.S. strike on Kharg Island may send oil higher, Brian Krassenstein warns
U.S. Kharg strike may push oil higher

Brian Krassenstein notes that former President Trump claims U.S. strikes on Kharg Island have “totally demolished” most of the island.

Krassenstein suggests that, if these statements are accurate, oil prices could reach $200 as soon as Monday.

Such geopolitical developments continue to heighten concerns over global energy stability. Similar market anxieties were evident during the recent Strait of Hormuz closure announcement, which triggered immediate oil price surges and underscored the vulnerability of key supply routes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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