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Mar 8, 2022

How the war in Ukraine is fueling sky-high gas prices

The potential for a ban on Russian oil imports is prompting a surge in crude oil prices.

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Prices for gas and diesel fuel, over $5 a gallon, are displayed at a petrol station in Monterey Park, California on March 4, 2022. - Californians filling up their cars on March 4, winced at the spiraling cost of gasoline, but largely shrugged as residents of the state that has long had the highest gas prices in the United States.
Prices for gas and diesel fuel, over $5 a gallon, are displayed at a petrol station in Monterey Park, California on March 4, 2022. - Californians filling up their cars on March 4, winced at the spiraling cost of gasoline, but largely shrugged as residents of the state that has long had the highest gas prices in the United States.
Frederic J. Brown/AFP via Getty Images

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How the war in Ukraine is fueling sky-high gas prices