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Saudi Arabia has the West by the throat. It's determined to drive the oil price beyond $100 a barrel, and we'll all pay a higher price as the cost-of-living crisis drags on as a result.
NEW YORK — Oil prices soared Tuesday and investors shifted more money out of stocks and into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine.
Factor in inflation for other goods and a lot of people are going to realize they’re worse off than one year ago. And that was during the pandemic.