> Oil prices to reach $110 as West prepares Russia sanctions: Saudi expert / V000_323P2Y7
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Oil prices to reach $110 as West prepares Russia sanctions: Saudi expert / V000_323P2Y7
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Saudi oil expert Yousef al-Shammari says he expects oil prices to keep increasing, reaching a peak of $110 per barrel this summer, as major crude producer Russia prepares to send troops into two breakaway regions of Ukraine, sparking Western nations to ready economic sanctions against Moscow. IMAGES AND SOUNDBITES