Iran: Get ready for $200-per-barrel oil

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    Earlier the Islamic Revolutionary Guard Corps, the regime’s security forces, who declared Hormuz closed, warned countries to “get ready for oil to be $200 a barrel”. The group reportedly struck three commercial ships along the waterway on Wednesday. Meanwhile Iran’s president said America and Israel could only end the war if they recognise Iran’s rights, guarantee against future aggression and pay reparations.

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