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Iran warns: oil prices could double Morning News Bulletin 12 March 2026

Source: sbs.com.au sbs.com.au
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News Snapshot:
Listen to Australian and world news and follow trending topics with SBS News Podcasts. TRANSCRIPT Iran’s military command is warning oil prices could surge to $US200 a barrel if the war in the Middle East spreads further. A spokesperson for Iran’s Khatam al-Anbiya Central Headquarters, Ebrahim Zolfaqari, also launched a blistering attack on US President Donald Trump, accusing him of backing Israel and escalating the conflict, calling him a Zionist child-killer. He warned instability in the region could send global energy markets into turmoil. "You will not be able to keep oil and energy prices artificially low. As we have...
Note: Please don’t mind the mess. Some source code may appear in the Snapshot above as we train our A.I.
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