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

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CitrixNews Staff
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Oil prices could hit $120 as war risks escalate, analyst warns

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

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.

Originally reported by Al Jazeera