How high could the Iran war take oil prices? #CBC

How high could the Iran war take oil prices?
Iran’s blockade of the Strait of Hormuz and attacks on tankers and facilities have pushed oil above $100 US a barrel. Cornell economic historian Nicholas Mulder says it’s ‘reasonable to assume’ prices will keep climbing by a few dollars a day as long as the war continues, potentially topping $120 US by month’s end.

»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS

For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news
Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews
Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr
Subscribe to CBC News on WhatsApp: https://www.whatsapp.com/channel/0029Vb6MSjH9Bb63S9tbQa1Y

Download the CBC News app for iOS: http://apple.co/25mpsUz
Download the CBC News app for Android: http://bit.ly/1XxuozZ

»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Thank you for your support in keeping this website running.💛

View on “Tokyo Trend News”