US administration studies impact of oil prices rising to $200

The US administration is assessing how a surge in oil prices to $200 per barrel could affect the country’s economy.

Modeling scenarios of a sharp spike in energy prices is a standard procedure during periods of heightened tensions and does not indicate that such an outcome is being forecast.

The analysis is aimed at ensuring that US authorities are prepared for all possible scenarios, including a prolonged conflict.

According to reports, even before the start of the military operation against Iran, US Treasury Secretary Scott Bessent had expressed concern that the conflict could drive up oil prices and harm US economic growth. His advisers also conveyed these concerns to the White House.