Putin`s invasion of Ukraine has driven up gas prices and food prices all over the world. The two largest grand producers in the world, China and -- should be, Ukraine and Russia are not doing what they usually do. So everything`s going up. We saw today`s inflation data 70% of the increase in prices in March came from Putin`s price hike in gasoline.
President Biden links the rise in global prices to the invasion of Ukraine by Russia, attributing inflation to the conflict.
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