Crude oil prices have hit their highest levels since Russia's full-scale invasion of Ukraine in 2022. International benchmark brent crude jumped some 20% to more than $120 per barrel on March 9. The spike in energy prices will be felt across the global economy - notably in Asia, which imports most of its oil from the Middle East. But - despite being the world's top oil producer and a net exporter, the US is not immune, as American drivers are now finding out.
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