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In this first part of a two-part series, Wharton economists explain recent oil price hikes and discuss their likely effect on the U.S. economy and energy policy. Part 2 will examine the global economic impact.
All-time highs in crude oil prices have given economists and financial market analysts the jitters. Jeremy Siegel checks in with other Wharton experts on the oil scene at home and abroad, with a particularly close look at China's impact on the world economy.
Tensions with Iran continue to cause energy prices to rise.
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