"My guess is that prices will not come back towards 60 (U.S. dollars per barrel) for several months after the war ends," said Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics.

"My guess is that prices will not come back towards 60 (U.S. dollars per barrel) for several months after the war ends," said Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics.

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