Iran Says Oil Price Will Hit $200 as Nigeria Bets on Dangote Refinery to Shield Economy

Tekedia | 13-03-2026 03:33am |

Escalating tensions in the Middle East have reignited fears of a global oil shock after an Iranian military official warned that crude prices could surge to $200 per barrel as the U.S. continues its military action in the region. A spokesperson for Iran’s Khatam al-Anbiya Central Headquarters said Tehran may abandon its strategy of retaliatory

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.