Trump's team is analyzing a scenario in which oil prices could rise to $200 per barrel
The administration of U.S. President Donald Trump is assessing the potential consequences of a sharp rise in oil prices to $200 per barrel amid risks of war escalation.
This is reported by Bloomberg.
According to sources, U.S. officials are analyzing how such a price shock could affect the U.S. economy and global markets. Washington is preparing even for the worst-case scenarios.
The key factor is the war in Iran and the risks of its further escalation. Of particular importance is the situation in the Strait of Hormuz, through which a significant portion of global oil supplies passes.
Any disruptions in this region could sharply reduce the supply of energy resources and trigger a spike in prices.
Experts warn that even a price of $170 per barrel would deal a serious blow to the global economy, while $200 could have far-reaching consequences.
Specifically, this could:
- accelerate inflation;
- raise prices for fuel, logistics, and goods;
- slow economic growth or even trigger a recession.
Since oil is a basic resource for most industries, its rising cost automatically increases expenses across many sectors of the economy.
Despite the seriousness of the risks, the U.S. administration itself notes that a price of $200 per barrel currently seems unlikely, though it cannot be completely ruled out due to geopolitical tensions.
Washington continues to seek ways to curb prices, particularly through the use of strategic reserves and other market intervention tools.
As a reminder, Iraq has resumed some oil exports via Turkey, which has helped keep prices stable. Brent is trading around $104, while WTI has fallen slightly. Exports are flowing at a rate of 250,000 barrels per day—a small amount, but significant under current conditions.
