Iran Threatens West Asian Economic Hubs Amid Persistent US-Israeli Attacks, Predicts $200 Oil

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Iran Threatens West Asian Economic Hubs if US-Israeli Attacks Persist; Oil to Hit $200

Brent crude on March 3 climbed above $85 for the first time since July 2024

M

Moneycontrol•03-03-2026, 21:53

Iran Threatens West Asian Economic Hubs if US-Israeli Attacks Persist; Oil to Hit $200

•Iran's Islamic Revolutionary Guard warned of reprisals against "all economic centers" in West Asia if US-Israeli attacks continue.
•General Ebrahim Jabbari stated Iran would retaliate if its main centers are targeted.
•Jabbari claimed the Strait of Hormuz has been closed and predicted oil prices would soon reach $200.
•The warning comes as Brent crude climbed above $85, its highest since July 2024.
•The statement was reported by the Iranian news agency ISNA.

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