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Oil prices could hit $120 as war risks escalate, analyst warns | Newsfeed

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Oil prices could hit $120 as war risks escalate, analyst warns | Newsfeed

Oil prices are expected to remain high because of uncertainty over the war on Iran, according to analyst Muyu Xu.She warns prices could reach as high as $120 if tensions escalate and disrupt key supply routes, with countries holding limited reserves likely to feel the impact the most.

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