Iran war could ‘bring down the economies of the world,’ energy chief warns — predicts $150 oil. Protect yourself now

The conflict has already rattled global markets. Oil prices have surged amid fears that the war could shut down major pipelines, refineries and export terminals across the Middle East.“This will bring down the economies of the world,” he warned. “If this war continues for a few weeks, GDP growth around the world will be impacted. Everybody’s energy price is going to go higher. There will be shortages of some products and there will be a chain reaction of factories that cannot supply.”And energy markets are ...