Iran’s military command has announced that the world should be ready to pay $200 per barrel of oil until the war between the USA and Israel ends. After last night’s attacks on Iranian banks, the spokesman of the country’s military command, Ebrahim Zolfaghari, also threatened an equivalent response on banks cooperating with the US or Israel.
To ease the deepening uncertainty and inflation in the energy market, Japan and Germany have announced that they are ready to release oil from their reserves.
It is also reported that the International Energy Agency, which was created to counter such crises, has asked member states to provide 400 million barrels of oil.