EPISODE · Mar 12, 2026 · 7 MIN
Iran warns of $US200 a barrel oil, as conflict continues to spread across the Middle East
from SBS News In Depth
The war in the Middle East is continuing to intensify, with Iran warning oil prices could surge to US$200 a barrel if the conflict spreads across the region. As missiles strike Israel and Iran, tensions are rising rise in the Gulf and Lebanon, as fears grow of a wider war and a global economic shock.
What this episode covers
The war in the Middle East is continuing to intensify, with Iran warning oil prices could surge to US$200 a barrel if the conflict spreads across the region. As missiles strike Israel and Iran, tensions are rising rise in the Gulf and Lebanon, as fears grow of a wider war and a global economic shock.
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Iran warns of $US200 a barrel oil, as conflict continues to spread across the Middle East
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