Fesharaki Sees Oil At $150-$200 in Next Few Weeks

Bloomberg
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Fesharaki Sees Oil At $150-$200 in Next Few Weeks
Bloomberg
Written by Bloomberg
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FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

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