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Saudi Aramco CEO Warns Of ‘Catastrophic Consequences' From Iran War—Crude Prices Remain Volatile

By Forbes March 10, 2026 Bearish
Saudi Aramco CEO Warns Of ‘Catastrophic Consequences' From Iran War—Crude Prices Remain Volatile
After rising to nearly $120 per barrel early on Monday, the global benchmark Brent Crude Intermediate fell sharply below $90 as President Donald Trump signalled that the war with Iran could be nearing completion. However, crude index remained volatile, rising to around $92 per barrel early on Tuesday.
After rising to nearly $120 per barrel early on Monday, the global benchmark Brent Crude Intermediate fell sharply below $90 as President Donald Trump signalled that the war with Iran could be nearing completion. However, crude index remained volatile, rising to around $92 per barrel early on Tuesday.