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Oil Price Rise Exceeds Post-Ukraine Conflict Move but Trails 1990s Gulf War, ECB Says

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2026-06-24 20:02:55
The European Central Bank said the current increase in oil prices is larger than the rise seen after the Ukraine conflict, but smaller than the increase during the Gulf War in the 1990s.

According to Jin10, the ECB did not provide specific price levels or percentage changes in the comparison.
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