IllustrativeOil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Oil prices have slid to near pre-iran war levels, but the impact on gasoline prices may be delayed. However, reports of us strikes on iran have caused oil prices to surge, potentially reversing the downward trend. The situation remains uncertain, with some outlets reporting a modest increase in oil production by opec+ countries, while others note a risk of an oil shortage turning into a glut.
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