Oil shock fears ease, but $80-$90 crude may be the new normal: Arvind Sanger
- Posted on May 27, 2026
- By Business News Today
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- 1 min read
Oil shock fears ease, but $80-$90 crude may be the new normal: Arvind Sanger
Oil prices may remain high for months, according to market expert Arvind Sanger. While extreme price surges are less likely, consumers should prepare for elevated energy costs. Geopolitical tensions and supply chain issues will keep crude firm. India faces relief from price volatility but needs stronger domestic growth drivers beyond the AI boom.