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Russian Expert: Global Oil Prices Could Surge to $160 per Barrel
Odaily Planet Daily reports that Russian expert Ikbal Guliyev stated that in the coming days, if the G7 makes a positive decision to release additional reserves, oil prices could drop to $100 per barrel. However, we will then face geopolitical risks again, and actual supply may become tight. If this situation persists long-term, we can safely expect oil prices to reach $150-160 per barrel. (Jin10)