The Iranian Foreign Ministry announced the ruin of US households due to rising oil prices
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- The Iranian Foreign Ministry announced the ruin of US households due to rising oil prices
American households may go broke due to rising oil prices. This was announced on March 12 by Iranian Foreign Minister Abbas Araqchi.
"Americans will not 'make money' from a sharp rise in oil prices and duties. They enrich corporations and ruin households," he said in a message to X (ex. Twitter).
Alexander Baryshnikov, manager of the Mining fund at Record Capital Management Company, told Izvestia on March 12 that if the current level of tension in the Middle East persists, oil may trade in the range of $95-115 per barrel in the coming weeks. At the same time, further price increases will be possible only in the event of a significant deterioration in the situation in the region.
The Reuters news agency reported on the same day that the cost of one barrel of Brent crude oil exceeded $100. It is specified that the sharp increase in prices is associated with reports of new ship collisions in the waters of the Persian Gulf and the closure of oil terminals.
All important news is on the Izvestia channel in the MAX messenger.
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