Crude oil prices above $100 a barrel: How can it impact your monthly budget?
· livemint.com
Higher crude oil prices can impact the monthly budget directly with higher daily commuting costs, costlier vacation flight tickets, higher bills for grocery purchases, and expensive dining out. The indirect impact can come from higher prices of finished goods made using crude oil derivatives.
At the start of the US-Iran war, crude oil prices spiked above $100 a barrel. Since then, depending on the news flow, prices have risen above and dipped below $...