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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.

Published Oct 1, 2026 · 6:30 AMOriginal source: New York Times5 reads
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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New York Times

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