An oil shock? In this economy? - a podcast by Marketplace

President Joe Biden announced a ban on Russian oil imports today, warning American consumers they’ll pay more at the pump. Historically, oil shocks have preceded recessions, but the pandemic may have equipped this economy to better withstand the price jumps. Later, we’ll examine why businesses are closing up shop in Russia and the country’s economic ties to China. Plus: How Americans can make sure their donations to Ukraine count.

Give today to support Marketplace.

Further episodes of Marketplace All-in-One

Further podcasts by Marketplace

Website of Marketplace