‘Crude to hit $150 per barrel in 2-3 weeks’: Qatar’s Energy Minister
‘Crude to hit $150 per barrel in 2-3 weeks’: Qatar’s Energy Minister is drawing significant interest across the industry.
Qatar’s Energy Minister predicts that if the Iran conflict persists and oil prices reach $150 a barrel, all Gulf energy producers will cease exports within weeks. Qatar has already stopped its production of liquefied natural gas, which makes up 20% of global supply. The minister warns of possible shortages and economic consequences | financialexpress.com
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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