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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.

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?

We haven't written up this one. The New York Times has the full story — the link below goes straight to it.

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