Absolutely!If the USA attacks Iran and there is war with Iran, will oil prices go higher?
Probably in the short term - but lower long term
Probably not since we would remove a large chunk of demand.
The oil is under ground so if we nuke Iran it probably would not get irradiated, but, how would anyone get it out? The supply would go down, but, most of Opec would increase their output to make up for that.
I believe it would result in a net no-change.
Been indirectly following oil price since 68, and almost anytime there is any instability in world affairs oil prices have gone up, so think it safe to assume WW3 will cause them to rise, but how much is the question. Can remember when most said gas would never be more than dollar. At some point it will stop, but if Hillary ADM and Iowa corn grower have there way not anytime soon.
I'm from Iran and i ensure you it will go higher.because the region will become unstable and it will makes it harder to transport oil from it. so it will definitely increase the cost my friend
Yes my friend it will surely go higher, it aint no prpaganda or lie.
I assume you're talking about Chavez' prediction. he may be a dictator and a sorry excuse for a human being--but in this case he is correct. An attack on Iran would undoubtedly drive oil prices higher--much higher. And of coure, as oil prices rise, so do gas prices.
You can bet your sweet bippy they will. Why would you expect anything else? Oil is pushing $100 per barrel and could easily reach $200. per. Buy an electric scooter you will need it.
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