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Saudi Crown Prince Warns Of Threat To Global Oil Supply

September 30, 2019 admin clean power, clean transport, climate change, consumer technology, Department of Energy, Electric vehicles, Fossil Fuels, global oil supply, HEALTH, Iran, Media, natural gas, Oil, policy & politics, Saudi Arabia, Solar energy, war, wind energy

Credit to Author: Johnna Crider| Date: Mon, 30 Sep 2019 22:20:19 +0000

Saudi Arabia’s Crown Prince Mohammed bin Salman has told the BBC that if a war was to break out between Iran and Saudi Arabia, oil prices could rise up to “unimaginably high numbers.” He says this is possible if the world doesn’t try to deter Iran, and that more escalation will threaten the world’s interests. “Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes.”