Peter Navarro, head of the White House's Office of Trade and Manufacturing Policy, stated that neutralizing the threat of the Islamic Republic could significantly reduce crude oil prices, citing a "fear risk premium" that has driven up global oil prices by $5 to $15 per barrel due to tensions in the Strait of Hormuz, according to a report set to be published on March 16 by Reuters.

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@RadioFarda‌|‌راديو فردا: 🔸Peter Navarro, head of the White House's Office of Trade and Manufacturing Policy, says that neutralizing the threat of the Islamic Republic could lead to a significant reduction in crude oil prices

@RadioFarda‌|‌راديو فردا: 🔸Peter Navarro, head of the White House's Office of Trade and Manufacturing Policy, says that neutralizing the threat of the Islamic Republic could lead to a significant reduction in crude oil prices

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