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Are Higher Energy Prices Here to Stay?

Are Higher Energy Prices Here to Stay?

The Daily vor 6 Monaten

Targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.

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Since the war in Iran began, President Trump has insisted that
rising energy prices would be temporary. But strikes on natural
gas facilities in the Persian Gulf last week have made the
prospect of a quick recovery seem less and less likely.

Patricia Cohen, the global economics correspondent for The New
York Times, explains why the impacts may be felt for years.

Guest: Patricia Cohen, the global economics
correspondent for The New York Times.

Background reading:

Energy attacks in the war in Iran could turn economic shock
into long-term damage.

Here is why Iran’s attack on an energy hub in Qatar spooked
investors.

Photo: Hannibal Hanschke/EPA, via Shutterstock

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