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HomeNewsOpinionGeopolitical risks will be the main driver of oil prices in 2024

Geopolitical risks will be the main driver of oil prices in 2024

Demand-supply shifts will as usual play a role in determining oil prices, but growing hostilities in several regions are expected to be a much bigger overhang

January 19, 2024 / 12:13 IST
Tehran said it was targeting Israeli “espionage centres” at Erbi in northern Iraq and ISIL targets in Syria, but worries arose about its suddenly very aggressive military posturing around the region
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