Veteran Wall Street and energy analysts predict oil prices could rise to $150 a barrel because of the Gaza conflict—potentially leading to a combination of higher inflation and recession (aka stagflation.)
Veteran Wall Street and energy analysts predict oil prices could rise to $150 a barrel because of the Gaza conflict—potentially leading to a combination of higher inflation and recession (aka stagflation.)
It was rising before Hamas terrorist attack and Israel’s genocide. OPEC+ members Saudi Arabia and Russia decided to cut their production voluntarily to increase the price and say fuck you to US.