The Global Impact of High Oil Prices
16 March 2026

The Global Impact of High Oil Prices

State of the World from NPR

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Ever since the U.S. and Israel launched a war on Iran, oil prices have been on a rollercoaster but overall have been trending higher. An increase in the price of oil has world-wide consequences with winners and losers. To get a snapshot of where things stand, we hear from three reporters around the world— in Russia, Germany and Taiwan.

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