Trump Team Examines What Oil as High as $200 a Barrel Would Mean
Bloomberg.com • • business
Key Points:
- Trump administration officials are analyzing the potential economic impact of oil prices spiking to as high as $200 a barrel amid concerns related to the Iran war.
- This modeling is part of routine assessments conducted during periods of geopolitical tension and does not represent a forecast.
- The review aims to ensure the administration is prepared for various scenarios, including a prolonged conflict in the region.
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