Explainer: Why $100 oil could hurt the energy transition more than it helps - Business News, Finance News, Share Market News - Market trendz

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Thursday, 3 March 2022

Explainer: Why $100 oil could hurt the energy transition more than it helps

The governments of Saudi Arabia, Russia, Iran and Iraq all quickly get richer when oil prices rise because they are among the world's lowest cost producers of crude, a trend researchers say deepens commitments to the petro-economy.

from Commodities-Markets-Economic Times
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