Saad al-Kaabi, then-chief executive of Qatar Petroleum, gestures as he speaks to reporters in Doha, Qatar, on July 4, 2017. REUTERS/Naseem Zeitoon
Qatari Energy Minister Saad Al-Kaabi has said that the conflict in the Middle East could “bring down the economies of the world.”
Al-Kaabi, who is also the CEO of QatarEnergy, told the Financial Times on March 6 that oil prices could soar to $150 a barrel within two to three weeks if tankers and other merchant vessels are unable to pass through the Strait of Hormuz.
