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Finance / Energy Energy

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

Source: nytimes October 1, 2026 · 02:06
Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
From the publisher
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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