Roubini: Trump-Iran War Would Spike Oil to $200, Tank Markets
Source: cnbc.com
- Economist Nouriel Roubini warns a Trump-launched war with Iran could spike oil prices dramatically.
- He predicts oil could hit $130 per barrel or even $200 if conflict escalates.
- Markets would crash, recession would hit, and peace talks would end immediately.
Nouriel Roubini, known as "Dr. Doom" for his crisis predictions, says President Trump's potential military strike on Iran would devastate global markets. He's responding to reports of Trump considering bombing Iran's nuclear sites to force nuclear talks. This matters because it could trigger massive oil shocks, economic turmoil, and the collapse of any diplomatic path forward.