‘Substantial’ oil and gas price rises will not be temporary, analyst says

Oil and gas prices are soaring as the Iran war escalates. Early today, Brent crude futures topped $115 a barrel, their highest in more than a week. Gas prices have surged by 30 percent. James Meadway, codirector of Verdant, a think tank in the UK, told Al Jazeera that the spike won’t be temporary. Subscribe to our channel: bit.ly
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