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How rising oil prices push up living costs around the world

DW, 15 May 2022
Record prices at the pump and in supermarkets, record profits by oil majors: Global oil markets are tighter than ever as economic demand returns around much of the world but the war in Ukraine tightens supply. Now, with an embargo of Russian oil on the horizon, prices stand to rise even higher. What can consumers do?


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#Oil #Inflation #UkraineWar
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