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The Economic Times

Markets / The Economic Times

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Prolonged conflict could send crude prices soaring to $125: Peter McGuire

Geopolitical developments are causing market volatility. Traders are reacting to political signals, influencing price discovery. Supply disruptions could impact Asia and India for weeks. Future oil prices depend on de-escalation or further conflict. A peace deal could lower prices, while escalation might push them higher.

24 Mar 2026 11:43 am