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How High Could War In The Middle East Drive Oil Prices?

admin by admin
October 24, 2023
in Business
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When Hamas struck Israel earlier this month, the first reaction of many people watching the energy space was the recall of a memory: a memory of the 1973 oil crisis.

In that year, another Arab-Israeli war resulted in an Arab oil embargo on the biggest Western importers of Middle Eastern oil, which in turn led to massive oil shortages,…



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