Iran warns that oil prices could surge to $200 if tensions escalate in the Middle East
Ibrahim Zolfaghari, a representative of the Iranian military command, stated that global oil prices could rise sharply if the U.S. continues its military operations in the Middle East.
Ebrahim Zolfaghari wrote about this on social media platform X.
He emphasized that Washington, in his words, “understands only the language of force,” and called for preparations for a scenario in which the price of oil could reach $200 per barrel.
“The U.S. government has repeatedly demonstrated that it understands only the language of force. Prepare for oil at $200,” Zolfaghari stated. He also added that if U.S. strikes continue, “there will be no deals.”
The statement came amid reports of new actions by the U.S. military in the region.
According to the U.S. Central Command, on the night of May 26, U.S. forces carried out “defensive strikes” against southern Iran, specifically targeting boats allegedly laying mines in the Strait of Hormuz, as well as missile launchers.
The U.S. side emphasizes that, despite the escalation, the ceasefire remains formally in effect.
The day before, U.S. Secretary of State Marco Rubio stated that an agreement to end the war with Iran could be concluded as early as “today.” His statement came amid growing optimism regarding negotiations between Washington and Tehran and sharp volatility in the oil markets.
U.S. President Donald Trump stated that Washington does not intend to rush into an agreement with Iran, despite progress in the negotiations.
Iranian state media responded to U.S. President Donald Trump’s statement regarding alleged agreements on opening the Strait of Hormuz, calling it “incomplete and untrue.”
The U.S. reacted strongly to Iran’s plans to introduce a toll system for passage through the Strait of Hormuz, stating that this is unacceptable and could derail any negotiations. Washington considers this strategic waterway critically important and will not allow Tehran to exert commercial or political control over it.
As a reminder, Cuba has restored its power grid following a massive blackout.
Trump also confirmed the U.S. intention to intervene in Cuba.
