Strait of Hormuz Crisis: Qatar Warns Oil Could Hit $150

Qatar’s energy minister Saad al-Kaabi warns that if tankers remain blocked from the Strait of Hormuz, Gulf countries may be forced to halt oil and gas exports within weeks. With over 150 tankers waiting outside the strait and energy infrastructure already under attack, markets are on edge. Oil could surge toward $150 per barrel, potentially triggering a global inflation shock and major volatility across financial markets.

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