Trump official's new 'very telling' admission 'would be significantly catastrophic': CNN

Secretary of Energy Chris Wright on Thursday didn't confirm or deny whether oil would hit $200 a barrel as gas prices continue to surge and the conflict in Iran has escalated to a global economic crisis.

CNN International host Becky Anderson spoke with anchor and correspondent Eleni Giokos about how the U.S.-Israeli strikes in Iran have prompted Iran to block the Strait of Hormuz and strike back at the international oil market. Iran has signaled that it aims to spike oil prices to $200 a barrel.

President Donald Trump and his administration's changing rhetoric around oil prices also hasn't stopped prices from climbing, Giokos explained.

"Six tankers and cargo ships over the last few days have been hit by Iran, and that's really indicative of the seriousness of Iran's threats," Giokos added. "They also said that they warned the world, they promised they're going to keep on choking the Strait of Hormuz, but they also warned that oil prices are going to hit $200 a barrel, and that is what leverage they have. They have leveraged to inflict pain on infrastructure here, which they are doing. Oman and Bahrain depots are on fire. We've seen those images today and they're disrupting trade as well."

The disruption has appeared to have left consequences for the global market.

"We're looking at some of those images as we face at present, and so when Chris Wright was asked by our colleague Kate, you know whether you can see prices going to 200 bucks on the barrel, and he couldn't answer that, he was right not to answer it," Anderson said.