Trump’s War Against Iran Will Push Oil to $200 per Barrel

A Chinese-Canadian academic has warned that the ongoing war involving Iran is unlikely to end quickly and could evolve into a prolonged war with far-reaching global consequences, including oil going up to $200 per barrel and a worldwide food crisis.

Speaking in an interview with American commentator Tucker Carlson, Professor Chang said Iran is not expected to halt military operations in the near future. He argued that the conflict could expand regionally and follow a pattern similar to the Russia-Ukraine War, becoming a drawn-out geopolitical struggle.

The professor emphasized that such a prolonged conflict would severely disrupt global energy supplies, potentially driving oil prices to as high as $200 per barrel. He said this kind of price shock would ripple across economies worldwide, sharply increasing transportation and production costs and putting pressure on already fragile food supply chains.

He warned that rising energy prices could translate into higher agricultural costs, including fertilizers, logistics, and irrigation, ultimately raising the risk of widespread food shortages, particularly in vulnerable regions.

The professor also argued that the United States is deeply entangled in the conflict and faces limited strategic options. According to him, any attempt by Washington to end the war could lead Iran to demand compensation for damages and push for a complete US military withdrawal from the Middle East.

He further claimed that a potential US withdrawal from the Gulf region could have major financial implications. In particular, he pointed to the possible weakening of the petrodollar system, under which global oil transactions are largely conducted in US dollars. A shift away from this system could undermine a key pillar of the American economy, he suggested.