US$200 For A Barrel OF Oil?

Since the start of the year, oil prices have surged from below US$60 a barrel to come dangerously close to the psychological US$100 mark. If the US is mad enough to invade Iran or make an aggression against Venezuela again, the price of oil will not be US$100 but maybe US$200.Oil prices climbed due to increasingly energy-hungry countries such as emerging china.