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Oil Remains Valuable in the EV Era

Oil Remains Valuable in the EV Era

The rise of electric vehicles (EVs) has led many to question the future role of oil in the global economy. As governments, industries, and consumers increasingly prioritize sustainable and eco-friendly alternatives, electric vehicles have emerged as a beacon of hope for reducing carbon emissions and transitioning away from fossil fuels. However, while the EV market is growing at an unprecedented rate, oil remains an integral part of the energy mix, and its value is unlikely