Chávez warns oil prices could double if US invades Iran
{{date|November 19, 2007}}
{{Infobox Hugo Chávez}}The president of [[Venezuela]], [[Hugo Chávez]], warned that the price of crude oil could reach [[w:$|$]]200 per barrel "if the [[United States]] committed the madness of invading [[Iran]]", or attacked his country.

Chávez made this statement in the act of opening the third Summit of Chiefs of State of the [[w:Organization of Petroleum Exporting Countries|Organization of Petroleum Exporting Countries]] (OPEC).

Mr. Chávez pleaded that OPEC should adopt a more political agenda and requested "that the
threats against the countries" of the organization should stop. He said that $100 dollars per barrel was a "fair" price and remembered that when he assumed presidency of Venezuela in 1999, the price went up to about ten dollars.

The prices of raw oil approached $100 last week before settling down again. Some observers think it is possible that the $100 barrier may be broken. During the trading session following this two-day summit, that is expected to result in the "Declaration of Riyadh", the price of petroleum rose $0.80 in the [[New York]] market and $0.66 in [[London]].

==Sources==
{{Crude Oil Prices/core
|updated  = November 19, 2007 - 19:30 UTC
|NYMEX    = 94.64
|NYMEX-tl = {{profit}}
|NYMEX-c  = 0.80
|NYMEX-p  = 0.85
|Brent    = 92.39
|Brent-c  = 0.66
|Brent-p  = 0.72
|Brent-tl = {{profit}}
}}
{{Translated Wikinews|title=Chávez amenaza con un barril de petróleo a 200 dólares si EEUU invade Irán|wiki=es|language=Spanish}}
*{{source
|url=http://www.20minutos.es/noticia/307839/0/chavez/opep/iran/
|title=Chávez amenaza con un barril de petróleo a 200 dólares si EEUU invade Irán
|author=
|pub=20 Minutos
|date=November 17, 2007
|lang=Spanish}}
*{{source
|url=http://es.biz.yahoo.com/17112007/185/chavez-dice-crudo-llegar-200-dolares-eeuu-invade-iran.html
|title=Chávez dice que el crudo puede llegar a 200 dólares si EEUU invade Irán
|author=
|pub=Agencia EFE
|date=November 17, 2007
|lang=Spanish}}

{{publish}}
{{archived}}

[[Category:Hugo Chávez]]
[[Category:Venezuela]]
[[Category:United States]]
[[Category:Iran]]
[[Category:South America]]
[[Category:North America]]
[[Category:Asia]]
[[Category:Middle East]]
[[Category:Energy]]
[[Category:Economy and business]]
[[Category:OPEC]]

[[de:Chávez droht mit einem Anstieg des Ölpreises im Fall eines Angriffs auf den Iran]]
[[es:Chávez amenaza con un barril de petróleo a 200 dólares si EEUU invade Irán]]
[[pt:Chávez ameaça com barril de petróleo a 200 dólares caso EUA invadam o Irã]]
The president of Venezuela, Hugo Chávez, warned that the price of crude oil could reach $200 per barrel "if the United States committed the madness of invading Iran", or attacked his country.

Chávez made this statement in the act of opening the third Summit of Chiefs of State of the Organization of Petroleum Exporting Countries (OPEC).

Mr. Chávez pleaded that OPEC should adopt a more political agenda and requested "that the
threats against the countries" of the organization should stop. He said that $100 dollars per barrel was a "fair" price and remembered that when he assumed presidency of Venezuela in 1999, the price went up to about ten dollars.

The prices of raw oil approached $100 last week before settling down again. Some observers think it is possible that the $100 barrier may be broken. During the trading session following this two-day summit, that is expected to result in the "Declaration of Riyadh", the price of petroleum rose $0.80 in the New York market and $0.66 in London.


de:Chávez droht mit einem Anstieg des Ölpreises im Fall eines Angriffs auf den Iran
es:Chávez amenaza con un barril de petróleo a 200 dólares si EEUU invade Irán
Chávez ameaça com barril de petróleo a 200 dólares caso EUA invadam o Irã
Hugo Chávez Venezuela United States Iran South America North America Asia Middle East Energy Economy and business OPEC