Ones & Tooze: How Rising Oil Prices Will Change the World as We Know It

As the war in Ukraine entered its third week, the price of a barrel of oil peaked at $130, its highest since 2008. The pain is already spreading around the world—to people who rely on gas to get to work or oil to heat their homes. On the show this week, Adam and Cameron discuss the possible longterm effects of the spike, including the impact on inflation and climate change.

Also on the show: Don’t bet against New Yorkers. In the first month since gambling became legal in the state, residents put down a record $2 billion in wagers.The real winners are the tax authorities.

Find more episodes and subscribe at Foreign Policy