Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why? | HappeningNow.news

Business & Economy · 1 view

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?

Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.

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Crude oil prices hover near $100 a barrel as traders fear a potential restart of hostilities and global consumption depletes emergency stockpiles.

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Read original at The New York Times

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