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Russian expert: Global oil prices could soar to $160 per barrel
Svmuu News: According to a report by Sputnik News, Russian expert Ikbal Guliev stated that if the G7 makes a positive decision to release additional reserves in the coming days, oil prices could drop to $100 per barrel. However, we will then once again face geopolitical risks, and actual supply shortages will emerge. If this situation persists over the long term, we can safely expect oil prices to reach $150–$160 per barrel. (Jin Shi)
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