Donald Trump’s energy secretary has totally sidestepped an urgent question on the very real possibility that the president’s gas price catastrophe may be about to tip over into total market armageddon.
Oil officials in Saudi Arabia projected Thursday that prices, which are already soaring fast, could further skyrocket to an eye-watering $180 a barrel if the U.S. president’s war with Iran continues beyond the end of April, the Wall Street Journal reports.
That might sound like a good thing for one of the world’s largest producers of oil. It’s not, with prices at that level likely triggering a recession, or at the very least pushing consumers to slash their fuel use to the point that even global energy giants start feeling the pain.
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