Possible scenarios regarding a sharp increase in oil prices are being considered in the US.
Modern.az reports that the "Bloomberg" agency has disseminated information regarding this, citing sources.
It is reported that President Donald Trump's team is investigating the effects of a possible surge in oil prices on the economy. The goal is to determine whether the US is prepared for all unforeseen situations.
According to sources, US officials also consider the possibility of a long-term conflict, especially in the Middle East.
According to "Bloomberg"'s forecast, if oil prices rise to $170 within a few months, this will lead to an acceleration of inflation and a weakening of the pace of economic growth in the US and Europe.
