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GOBankingRates
GOBankingRates
John Csiszar

If You Had Invested in Oil Stocks During the Gulf War in the 1990s, Here’s How Much You’d Have Today

Oil the Gulf War Chevron ExxonMobil British Petroleum Warren Buffett
zhengzaishuru / Getty Images/iStockphoto

Oil prices initially spiked when the Gulf War began on August 2, 1990, as investors feared a global supply shutdown. However, as those fears subsided throughout the conflict, oil prices began steadily trading down.

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