South Asia/Economy/Oil prices rise as Iran tensions threaten global energy crisis

Oil prices rise as Iran tensions threaten global energy crisis

Mar 30, 20269 sources

Summary

Oil prices are rising as Iran denies talks with the US, reducing hopes for de-escalation in the Middle East. The head of the International Energy Agency warns the world could face its worst energy crisis in decades, while BlackRock's CEO says oil at $150 would trigger a global recession. Governments are scrambling to secure oil supplies and safeguard trade as the situation worsens.

Source Headlines

9 headlines from 6 publishers

Oil prices rise higher as Iran denies US talks, dimming deescalation hopes

Mar 26

Oil at $150 will trigger global recession, says boss of financial giant BlackRock

Mar 25

World could face worst energy crisis in decades, IEA chief warns

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