Oil Prices Surged Above $100 Per Barrel

The video discusses the global impact of Vladimir Putin's military campaign in Ukraine, focusing on the effects on oil prices and the US economy. It highlights the rising gas prices, consumer reactions, and the lack of viable oil substitutes. The geopolitical tensions, particularly Russian aggression, are influencing oil markets, causing volatility and affecting consumer buying power. The video also touches on the potential benefits for local oil companies in Houston, despite the challenges faced by consumers.

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