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The United States Must Maintain Oil Investment Amid Global Instability
Trisha CurtisSerious crises in oil-producing countries are pushing markets to finally price in geopolitical risk. As of Jan. 21, West Texas Intermediate crude is over $60 per barrel, reflecting only the faintest acknowledgement of unrest in Iran despite weeks of escalating protests, estimates of 3,000 to 20,000 people dead, and a complete internet blackout. Recognizing geopolitical risk cannot…

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