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Article Summary
- Russia-Ukraine escalation reigniting oil war premium
- Impact on oil prices and global energy markets
- Russia's influence on European gas supplies
- Potential for further conflict and disruption in the region
- Geopolitical implications for energy security
- The tone of the article is informative and analytical, highlighting the potential consequences of the escalating tensions between Russia and Ukraine on global energy markets.
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Russia-Ukraine Escalation Reignites Oils War Premium
For most of this year, the geopolitical premium in oil prices was coming from the Middle East flare-ups amid the Israel-Iran escalation. At the end of 2024, the other major conflict, between Russia and Ukraine, is grabbing headlines with an escalation of hostilities, Ukraines first use of long-range missiles provided by Western powers for strikes within Russia, a new missile type Moscow is usin...
https://oilprice.com/Energy/Crude-Oil/Russia-Ukrai...
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