Economists Analyze Oil Prices Nearing Peak Before Trump's Iran Statement

Leading economists, including Krugman and Brooks, suggest that oil prices were approaching their peak even prior to Trump's statement on Iran, attributing this to demand destruction at higher price points.

23 Mar, 11:44 — 23 Mar, 11:44

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marketwatchMostly Factual17d ago

Why oil had been nearing peak even before Trump statement on Iran, according to top economists

Well-respected economists Krugman and Brooks believe we are near to the peak in oil prices because demand destruction takes place if it goes much higher

By Jules Rimmer

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Economists Analyze Oil Prices Nearing Peak Before Trump's Iran Statement

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Why oil had been nearing peak even before Trump statement on Iran, according to top economists

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