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While I agree with your points but the situation of war in middle East should't make the crude oil prices go higher?
It's a bit surprising!
It's angst of global recession
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What will happen to prices if a war between Iran and Israel breaks out?
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Well... this I even can't imagine (but higher, of course). But it looks like they're acting like last time and Russia tries to take the breaks on the attempt of escalation
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