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Iran tells US to 'wait for $200 a barrel oil' as war continues

Mar 11, 2026, 13:44 GMT+0

Iran warned oil prices could reach $200 a barrel as the war in the region continues, a spokesman for Iran’s Khatam al-Anbiya Central Headquarters said.

Spokesman Ebrahim Zolfaghari said Iran would not allow oil shipments that benefit the United States and its allies to pass through the Strait of Hormuz.

“We will not allow even one liter of oil for the benefit of the United States and its partners to pass through the Strait of Hormuz,” he said in a video message.

“Wait for $200 a barrel oil,” he added, saying oil prices follow regional security and accusing the United States of creating instability in the region.

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