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Reuters

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How high will oil prices climb?

Video Overview & Insights

Oil just soared past $100 a barrel for the first time since 2022. With the war in the Middle East raging, experts warn prices could rise even higher. How long will your wallet survive the spike? Peter Devlin takes a look. https://reut.rs/47kf4B0

And the fact is that the reserve has already been activated

— @rimedocs

#oil #iran #usa #israel #middleeast

the new price today is 85$ per barrel so lower than this man is trying to tell us, !!!!!!!

— @niep-t5s

More User Perspectives

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Oil prices will destroy America’s economy fast

@msa6844
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Make the fkn ✡️ pay for their own fkn wars

@zionistsarecommunists8373
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Any minute now, trump will blame this all on Joe Biden……

@d.diggler9936
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You mean trump took over Venezuelas oil and totally obliterated Iranian oil?!? Hmm what a coincidence!

@erictalameasina1336
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Germany here 422$ barrel

@choosa1993
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The war in the middle east is definitely showing signs of letting up wtf do you mean. We're ahead of schedule and missile strikes are down like 85 percent and the regime is in complete shambles.
It will likely be over by the end of the month. Hell it might be done before I even need to fill my car up again

@Jake-li7ih
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Mates focused on oil prices rising but I can’t stop thinking about his hairline rising

@ZEEZIRZOO
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That forehead goes crazy where can I get one like that. Drop the surgeons name below

@ZEEZIRZOO
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Our gas here in Texas USA has jump up a dollar in a week!

@annajeanette3897
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“Small price to pay” I DIDNT ASK FOR THIS, WE WANTED THE FILES RELEASED AND PRICES DOWN

@dpclark33
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It is oil company BS

@AlfredMclendon
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"We’re going to win so much you may even get tired of winning. And you’ll say, 'Please, please, it’s too much winning. We can’t take it anymore, Mr. President, it’s too much.' And I’ll say, 'No, it isn’t. We have to keep winning...'" 🤡😂

@snoussiaymen5877
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Whatever you think will happen, the reality will be dumber and more deadly.

@Tyler45832
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So many fools here. Lets start with how much is realy missing. It is 9.5% between the gulf states that can shifting the addition of Venezuela, and other producers increasing what they can realy means 10m barrels a day is out of supply. Prices will go up some but not much and not for a long time as the straight is going to be forced open sooner rather then later. Also yet again none of you look into the future any and see what this loss calculation would be if they had nukes and then used them along with also shutting down the straight perhaps permanently. That damage would make gas/war cost look like pocket change. As for the gas its going to go back down realitivly soon unless you live in California or Nevada, thats cause the idiots in cali forced the closure of 2 refineries causing %20 production loss for the states.

@BDT2701
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Remember when the UK government said everyone should go electric to protect against geopolitical price increases? ...and people said they were stupid 🤔

@MichaelCampbellGB
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I can’t wait to tell my parents I told them so.

@Ibunnybot
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"War in the middle east showing no signs of letting up"
What percent of Iranian missile launch capabilities has been destroyed?
90%
What percent of tomahawk cruise missiles did we fire in these few days? 10% what percent of our JSAMM-ER have we dropped around 2%
So right away irans ability to hit targets is 90% less than a week ago. If we don't slow down our launch of tomahawk cruise missiles then we will be out of them in 2-3 months. The war is already won. Thats why trump said no to the english aircraft carriers being deployed there. The war is already won.

@Tyler_N_Friends
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Donald thinks he's some kind of Jewish messiah. He has a messiah complex ignore him and tell him to grow up and remind him he's just a man he needs to go back to Jesus christ if he wants to be saved which I know he does just doesn't think he's worth it maybe.

@Slasherations
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Hit $100 overnight but dropped back to $85 immediately today. All fuel stations have priced in $150 into their bowsers. Bless their souls

@Guidohattzis
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more bullshit from the commies in media

@cjryan88
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Wait! What!?
The White House is shitting its pants!?!?!

So what else is new?
They are stupid too.

@katmandudawn8417
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Peter, You're asking the right question. Before the Iranian revolution, 🛢 oil was $15 per barrel then it spiked to $80. Inflation went into double-digits and the 1980's became known as the lost decade. The fallout from this war could be worse.

@GEF6560AI
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EVERY POLITICIAN IS INVOLVED

@davidsabastian9817
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KEEP IT UP TRUMP. YOU ARE DOING GREAT 👍 👌 AND FOR HIS MAGA'S CULT. ENJOY THE FAFO

@GilmarGiron-tu4qh
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In all fairness oil hasn't kept up with inflation

@theram8787
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Fake news barrel is a $ 50..

@CJendcorruption
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Crude oil was at $139 a barrel during Biden’s administration so what.

@DinhXP
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👌🏻👍🏻🇺🇸🇺🇸🇺🇸🫡🫡🫡

@mikemcshane5814
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The US should request Netanyahu to stop this military bullshit.

@andrekeefer2034
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Time for everyone to go on a long road trip!!

@DeadCat-42
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Tough

@fuckbankers
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Glad I drive a Prius

@reapsmccreep8847
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Air Fuel Synthesis made "petrol from air and water" in a shed in the north of England 14 years ago. If we'd taken that fork in the road back then, we'd have been NetZero, secure, independent, and domestically wealthy forever by now.

@trs4u
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Great (🤬)! I just bought an RV

@johnmckeag1048
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Small price for him not for Americans. And what about all the lives lost

@1sttobylopez
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Ahh yes the guy who said ill fight for you is now saying too bad i don't really care

@loganearle903
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Tourism Industry is going to hit mostly than manufacturing.

@manhwa963
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I hate the market is based on speculation. They use it all the time to increase the prices of goods. Market shouldn’t go up or down without hard facts. It would make insider trading a thing of the past. Like,oh those two are merging?great. Let’s see how they do before making the prices skyrocket

@notsoobvious6976
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"A small price to pay for the w-r" that literally NO ONE wanted to fight. What a f-cking d-mb -ss

@jf3041
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Trump’s gift to his Saudi buddies.

@sharongallagher274
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Prices so high, that we haven't seen them higher since. . . *Checks notes. . .trumps first term. . . .

@zaggrukk8644
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Thank you Donald Dumb.

@jimsonchakramakal7751
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It will climb as high as the Oligarchs around the world want. They are making millions of dollars.

Now is the time to find your spiritual life if you haven't already. It's the only thing that will get you through this horrible timeline.

Evil is running things because we've allowed it (voted) for them. I'm not speaking for myself but we as nations.

@LaLadybug2011
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Trump will be happy he's making a lot of money

@punchy1325
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Trump doesn’t care about the Common man

@nihalmohammadsajid3877
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F you TRUMP!!!

@lttanti4501
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I see 300$ per barrel for crude oil coming soon

@balfourwheatley6644