Oil prices will likely fall quickly

Source: Washington Examiner · Bias: Right

Summary

Because Iran has previously demonstrated its willingness to close the key trade route through the Strait of Hormuz, some media outlets are speculating that oil prices could soar to $100 a barrel or higher. They argue that this could cause a recession in the United States, which would spread across the global economy. These fears are misplaced. […]

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Oil prices will likely fall quickly
Washington Examiner

Oil prices will likely fall quickly

Right

Because Iran has previously demonstrated its willingness to close the key trade route through the Strait of Hormuz, some media outlets are speculating that oil prices could soar to $100 a barrel or higher. They argue that this could cause a recession in the United States, which would spread across the global economy. These fears are misplaced. […]