As the war in Iran approaches boiling point, the price tag on the ayatollahs’ lust for revenge is beginning to emerge. More than 70 oil and gas installations in the Middle East have already been destroyed or severely damaged by Iran and the US. Oil sheiks and Western producers such as Shell remain silent about the state of their ‘black gold’, but estimates show at least 150 billion dollars in damage. And we will feel that at the pump and on the energy bill for years to come.
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