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Why oil at $200 a barrel is no longer unthinkable

If supply disruptions persist, holders of stockpiled reserves can’t be relied on to fully cushion the impact How high could oil prices go? The Strait of Hormuz — through which a fifth of global oil and liquefied natural gas usually transits — is still shut, and the financial world is trying to work out what it means for energy prices. But such estimates are... [2764 chars]

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