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‘Everyone bet Trump would chicken out’: Experts warn gas prices are about to skyrocket

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is not clear when this will end.”

The cushions that softened the war’s early impact have largely disappeared. Global inventories were healthy when fighting broke out in late February, and China initially eased pressure on markets by drawing down its own reserves while the U.S. and allies released hundreds of millions of barrels of crude.

Those stockpiles continue reading …

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