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Oil reserves eased Iran war price shock, but now they are ‘spent’, IMF says
Island Times - Palau

In short: (ABC-Australia) The global economy was spared from the worst of the biggest oil shock in 50 years because of large oil reserves, according to the International Monetary Fund. It says lower consumption in Asia and higher oil production outside of the Gulf helped absorb further price shocks. What’s next? Experts say global oil […]
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