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Oil will hit levels ‘we haven’t see in our lifetimes’ if Iran isn’t stopped, Saudi crown prince says

September 30, 2019

DUBAI — Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran.

“If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests,” the crown prince said in an interview with the CBS program “60 Minutes” over the weekend.

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