'Oil will reach $200/barrel': Iran threatens to target 'all economic centres' in Gulf

2026-03-03 - 17:33

Iran has warned of retaliation against "all economic centres" in the Middle East if its "main centres" are targeted by US-Israeli attacks. The IRGC general stated the Strait of Hormuz has been closed, predicting oil prices will surge. This escalation follows joint US-Israel operations and Iranian strikes on regional economic hubs and facilities.