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Analyst: High Oil Prices May Help De-escalate U.S.-Iran Tensions
Svmuu News: Felix Vezina-Poirier, an analyst at BCA Research, stated in a report that soaring oil prices could prompt the United States and Iran to de-escalate the conflict in the Middle East. “Both sides are willing to demonstrate their strength, but neither wants to see the consequences of a larger-scale escalation.” As oil prices continue to climb, this could lead to a de-escalation of the conflict. He said, “There is a risk that oil prices could break out of the ‘dynamic equilibrium’ range of $70 to $90 per barrel, but such a surge would itself trigger de-escalation mechanisms.” (Jin Shi)
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