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Oil Prices Return to Prewar Levels After Four Months

NYT > Business·June 26, 2026
Oil Prices Return to Prewar Levels After Four Months

Oil prices have returned to prewar levels after four months, indicating a significant shift in the global economy. The cost of crude oil has been closely watched as a barometer of the war's impact on the economy. As a result, the current oil prices suggest that the initial shock of the war has begun to subside. Global economic trends are now being reflected in the stabilized crude oil prices.

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