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Price of oil plunges in worst drop since Gulf War

Posted

March 9, 2020

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Oil prices have dropped more than 30 per cent, the largest single-day drop since the beginning of the 1991 Persian Gulf War. Richard Masson of the University of Calgary's school of public policy says an oil war between Russia and Saudi Arabia represents a crisis for other oil-producing countries.

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Price of oil plunges in worst drop since Gulf War · CBC News · Sentinel