Oil May Hit $100 Amid China Reopening, Iran’s OPEC Official Says

  • OPEC to stick with current policy: National Representative
  • Iran’s huge gas reserves need investment: Deputy Oil Minister

An offshore oil platform in the Persian Gulf’s Salman Oil Field near Lavan island, Iran.

Photographer: Ali Mohammadi/Bloomberg
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Oil prices may rise to $100 a barrel in the second half of the year as China’s economy emerges from anti-virus lockdowns, Iran’s liaison to OPEC said.