this post was submitted on 09 Mar 2025
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Economy

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Could war in the Gulf push oil to $100 a barrel? (www.economist.com)
submitted 1 day ago by lemmy_news@lemmy.wtf to c/economy@lemmy.world
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[–] Fart@lemmy.world 1 points 1 day ago* (last edited 1 day ago)

It's already hit $147 back in 2008 thanks to middle east tensions. The unexpected thing is the price didn't spike hard with the recent missile exchanges between Israel and Iran.