High Energy Prices Can Speed Up Inflation, Ultimately Slow Economic Recovery in US - Report

© AP Photo / Damian Dovarganes via Sputnik

The rise in energy prices continues all over the world amid the continuing energy crisis. Crude oil has increased by more than 64% this year, reaching a seven-year high of $82 a barrel on Monday. Natural gas prices have also risen to a seven-year high in the last six months, while coal prices are at all-time highs.

Publish : 2021-10-12 09:09:00

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