Mar 14, 2012

If Iran Exports Go To Zero, Oil Could Go To 200 USD

If there's an effect on the supply of oil and gas from the Gulf, and production and exports from Iran go for a while to zero, oil could go to $170, $180, $200 a barrel. - in Foreign Policy magazine

Related, United States Oil Fund (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Transocean (RIG)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.