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The Economic Times

Opinion / The Economic Times

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Oil shock could outlast conflicts

Global oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts remain unfulfilled, exacerbating the strain on energy markets. Regaining stability to pre-conflict pricing seems unlikely in the coming year, with the global market adapting to heightened energy costs. Demand is soaring, particularly from emerging economies, pushing consumption to unprecedented levels.

26 Aug 2026 11:03 pm