The Wall Street Journal
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Surge in Oil Prices Could Drive Inflation Even Higher | WSJ
Posted
February 24, 2022
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4:02Now PlayingThe price of oil is up nearly 50% since early last year and Russia’s attack on Ukraine has helped push it to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy. Photo illustration: Todd Johnson
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