Iran warns Trump that if the war continues, oil cannot be sold or produced
The Speaker of the Iranian Parliament, Mohammad Bagher Ghalibaf, warned that if the war with the United States and Israel continues, the global oil market could be severely affected, making both the production and sale of crude oil in the region difficult.
TL;DR
- Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned that continued war with the US and Israel would make oil production and sales in the region impossible.
- He criticized Trump's stance on oil prices and stated that the current conflict is burning the interests of the US, regional countries, and the world.
- The Strait of Hormuz, a key oil transit route, has seen reduced traffic, and Iran has attacked energy facilities in Israel, Saudi Arabia, and Qatar.
- Oil prices have risen above $85 per barrel, a 17% increase.
- Recent Israeli attacks on oil storage and transfer facilities in Tehran and Alborz provinces caused a toxic cloud, prompting environmental warnings and gasoline rationing in Iran.