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World
Could Oil Prices Surge Above $120?
May 12, 2026
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Posted 3 hours ago by
Former Director-General of the World Trade Organization Pascal Lamy warns that a prolonged Strait of Hormuz blockade could sharply damage global growth and drive oil prices even higher.
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Al Arabiya English
Coverage and analysis from Saudi Arabia. All insights are generated by our AI narrative analysis engine.
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Bias: lean right