Energy prices are rising, driven by two concurrent wars. While public attention has focused on the U.S.-Iran conflict, Ukraine has intensified strikes on Russian oil refineries, disrupting global supplies of refined fuels like gasoline and diesel. Elsewhere, data centers have actually reduced electricity bills in some regions — for now — and high airfares are pushing summer travelers toward buses. Kai Ryssdal also discusses what Federal Reserve Chair Warsh might do next as inflation lingers, and the episode closes with a story on the process of growing and turning backyard plants into a dress.
This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.
Highlights
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Ukraine attacks Russian refineries, hitting global fuel supply
Ukraine has stepped up attacks on Russian oil refineries, adding to global supply disruptions for refined petroleum products.