Crude

President Trump releases statement condemning Europe and mainstream media.

its report on worldwide food prices for February and found that prices hit a record high last month.

The price of oil skyrocketed on Sunday as Democrat President Joe Biden’s administration is considering an embargo on Russian oil after Russia invaded Ukraine late last month.

The Chinese regime continues to mandate its COVID-zero policy that quarantines all potential infections and locks down cities.

White House press secretary Jen Psaki refused to give an answer as to whether the U.S. would ban Russian oil in the daily press briefing Thursday.

President Joe Biden and his administration said Americans should reduce their consumption of oil and gas in order to keep prices down and ultimately punish Russian President Vladimir Putin.

Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.

Even Biden admitted that energy prices are about to go up.

When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.

The price of gasoline has risen across the United States again as experts warn that more pain could lie ahead at the pumps for Americans.