During the initial phase of the pandemic, when vaccines were unavailable, the world faced significant uncertainties. Crude oil prices experienced an unprecedented plunge, dropping to a negative 36.98perbarrelonApril20,2020.However,therapiddevelopmentandrolloutofvaccinesfacilitatedthegradualreopeningofeconomies,leadingtoaremarkablerecoveryinthepricingofWestTexasIntermediate(WTI)crude,whichsoaredto123.64 per barrel by March 8, 2022. Oil price data are per the U.S. Energ ...