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The head of Organization of Petroleum Exporting Countries has warned that the world faces unlimited oil and gas prices should an attack on Iran take place.
Abdalla Salem El-Badri, the OPEC secretary general, told reporters that because Iran is the second-largest producing country in OPEC, providing four million barrels of oil a day, the output would be impossible to replace.
Since August 2007, the price of oil has doubled from under $70 per barrel to more than $140 per barrel and rising.
With prices showing no sign of dropping, it is certain that any attack on Iran would spur on the rise for the foreseeable future.