Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
Rystad Energy's Leon said if countries in the Gulf cannot export oil they will need to store it, and, when this storage runs out, stop production. They have between days and a few weeks of reaching that point, depending on how much storage they have.
— Source: BBC News (https://www.bbc.com/news/articles/cy031ylgepro)
