Iran's Khatam Al-Anbiya spokesperson says Tehran's policy of 'reciprocal hits' has ended and will carry out 'continuous strikes' from now on
Newsquawk Staff ·
- Tells US it will be able to control oil price with 'artificial measures' and get ready for USD 200/bbl oil.
What it means
The statement from Iran's Khatam Al-Anbiya spokesperson signals a significant escalation in their aggressive posture towards the U.S. and oil markets. By asserting the ability to control oil prices, this could create volatility in WTI and instigate speculative movements, particularly if tensions rise—potentially foreshadowing a new phase in energy pricing dynamics that could challenge current levels.
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