Expert: The price of oil will reach $ 400 if closed the Strait of Hormuz

by **Rocky** Fri 27 Jul 2018, 2:47 am

Rocky

Rocky: Admin Assist; Posts : 277173
Join date : 2012-12-21

Post n°1

Expert: The price of oil will reach $ 400 if closed the Strait of Hormuz

by Rocky Fri 27 Jul 2018, 2:47 am

Expert: The price of oil will reach $ 400 if closed the Strait of Hormuz

10:36 - 27/07/2018
0

Expert: The price of oil will reach $ 400 if closed the Strait of Hormuz %D8%A7%D9%84%D9%86%D9%81%D8%B7-2-696x435

Information / Special ...

Oil expert Hamza al-Jawahri, on Friday, expected the price of a barrel of oil to reach $ 400 if the Strait of Hormuz was closed due to tensions in the region.

The Jeweler said in a statement to the information that "the Strait of Hormuz and if it was closed, oil prices could reach $ 400 a barrel."

"Many industrialized countries will collapse economically as they import oil to operate their factories, so closing the strait represents a third world war," he said.

He pointed out that "Iraq has an outlet for the export of oil through Turkey, but this port is under pressure from Kurdistan, where there are attempts by the region to get a share of these exports."

"Iraq will be badly affected because its oil will only be exported through the region, which will lead to an internal war between the center and the region to ensure the export of oil through northern Iraq," he said. End 25 n

http://www.almaalomah.com/2018/07/27/329601/

by **Rocky** Fri 27 Jul 2018, 3:01 am

Rocky

Rocky: Admin Assist; Posts : 277173
Join date : 2012-12-21

Post n°2

Jeweler: Closure of the Strait of Hormuz ignites a third world war and oil will jump to 400 dollars

by Rocky Fri 27 Jul 2018, 3:01 am

Jeweler: Closure of the Strait of Hormuz ignites a third world war and oil will jump to 400 dollars
July 27 2018 11:04 p

Expert: The price of oil will reach $ 400 if closed the Strait of Hormuz 120182994759408908910

[rtl][rtl]Hamza Al-Jawahiri[/rtl]
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Baghdad Post

[rtl]

Oil expert Hamza al-Jawahri expected Friday the price of a barrel of oil to reach $ 400 if the Strait of Hormuz was closed due to tensions in the region.

"Many industrialized countries will collapse economically as they import oil to operate their factories, so the closure of the strait represents a third world war," Jawahri said in a statement.

He pointed out that "Iraq has an outlet for the export of oil through Turkey, but this port is under pressure from Kurdistan, where there are attempts by the region to get a share of these exports."

"Iraq will be badly affected because its oil will only be exported through the region, which will lead to an internal war between the center and the region to ensure the export of oil through northern Iraq," he said.

http://www.thebaghdadpost.com/ar/story/114654/%D8%A7%D9%84%D8%AC%D9%88%D8%A7%D9%87%D8%B1%D9%8A-%D8%A5%D8%BA%D9%84%D8%A7%D9%82-%D9%85%D8%B6%D9%8A%D9%82-%D9%87%D8%B1%D9%85%D8%B2-%D9%8A%D8%B4%D8%B9%D9%84-%D8%AD%D8%B1%D8%A8%D8%A7-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%AB%D8%A7%D9%84%D8%AB%D8%A9-%D9%88%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B3%D9%8A%D9%82%D9%81%D8%B2-%D8%A5%D9%84%D9%89-400-%D8%AF%D9%88%D9%84%D8%A7%D8%B1
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