The price hikes coming with this new Russian oil ban won’t just mean pain at the pump.
“It went from $3 to $5 or $6 now it’s really crazy,” said shopper Bryson Skeet. “As missionaries, we need to travel a lot. It affects us and everybody.”
These days, Ava Liu is sticking to the basics -- clothes for growing kids and a toy for her son’s birthday.Professor Rober Chapman Wood said it won’t happen immediately, but the oil ban, and the Russian invasion could ultimately mean a price hike for almost everything we buy. “Wheat from there is the big one. It affects animals,” said Chapman Wood. “It’s not a catastrophe but it could make our inflation worse.“
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