Oil Shock: Russia Sanctions Send Prices Soaring

Oil prices surge after new U.S. sanctions on Russia! Will this end the Ukraine war, or just send gas prices skyrocketing? Experts warn the recent dip below $3/gallon could be history as sanctions hit key Russian oil companies. Get ready for potential ripple effects across the economy as higher energy costs threaten to drive up prices on everything from shipping to flights. The future of oil prices hinges on the next moves by Russia, the U.S., and OPEC+. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.