Oil is back to pre-war levels. Here's a timeline of how the market weathered a historic supply shock
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Oil prices have returned to pre-war levels, with the market having weathered a historic supply shock. The return to normal levels has raised questions about the future of gas prices and the stock market. However, some reports suggest that oil prices may remain high or take time to fully stabilize, with the situation at the Strait of Hormuz and the overall impact of the war on the energy market still uncertain.
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