Oil price possibly reaching $200, declining stocks: situation in economy
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The price of futures contracts of Brent crude oil has exceeded $85 per barrel for the first time since mid-2024 MOSCOW, March 4. /TASS/. The price of oil could reach $200 per barrel due to the closure of the Strait of Hormuz by Tehran, Iranian Brigadier General Ebrahim Jabbari, an adviser to the commander of the Islamic Revolutionary Guard Corps (IRGC, elite units of the Iranian Armed Forces), said. Major European stock exchange indices closed lower again on Tuesday, trading data showed. TASS
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