Oil prices could surge to $150 or $200 per barrel as the war between Israel and Hamas continues to escalate, with Iran being the wild card.
Israel is not a major oil producer, but Iran is, as are other major players in the region, notably Saudi Arabia.
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Marisa Herman ✉
Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.