Western nations agree to new release of emergency oil – CNN

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CNN’s Vanessa Yurkevich reports. “,”descriptionText”:”Renters and homeowners are faces rising prices due to the supply chain backup creating a rise in prices for construction supplies. CNN’s Vanessa Yurkevich reports. “},{“title”:”Panic buying sets in as Russians feel impact of sanctions”,”duration”:”02:49″,”sourceName”:”CNNBusiness”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330111129-russian-economy-pkg-sugar-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Russians are feeling the impact of international sanctions as inflation pushes the cost of household staples up. CNN’s Anna Stewart reports some supermarkets have placed limits on how much customers can buy of certain products.”,”descriptionText”:”Russians are feeling the impact of international sanctions as inflation pushes the cost of household staples up. CNN’s Anna Stewart reports some supermarkets have placed limits on how much customers can buy of certain products.”},{“title”:”Here’s what an inverted yield curve means”,”duration”:”01:50″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/08/16/inverted-yield-curve-explained.cnn-business/index.xml”,”videoId”:”business/2019/08/16/inverted-yield-curve-explained.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190816142855-yield-curve-large-169.jpg”,”videoUrl”:”/videos/business/2019/08/16/inverted-yield-curve-explained.cnn-business/video/playlists/business-economy/”,”description”:”CNN Business’ Julia Chatterley explains what an inverted yield curve is, and its eerily-accurate history of predicting recessions. “,”descriptionText”:”CNN Business’ Julia Chatterley explains what an inverted yield curve is, and its eerily-accurate history of predicting recessions. “},{“title”:”US consumer prices will rise by 7% in 2022, says ratings firm”,”duration”:”01:26″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness/index.xml”,”videoId”:”business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220216131242-us-inflation-prices-0210-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness/video/playlists/business-economy/”,”description”:”Inflation is expected to rise by 7% in 2022, according to Fitch Ratings. The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “,”descriptionText”:”Inflation is expected to rise by 7% in 2022, according to Fitch Ratings. The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “},{“title”:”From fuel to fertilizer: US farmers face ‘astronomical’ costs”,”duration”:”02:57″,”sourceName”:”CNNBusiness”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220318104651-farming-rising-costs-yurkevich-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The cost of doing business is increasing for America’s farmers, with inflation pushing up the price of fuel, seed, fertilizer and labor. On the flip side, rising wheat prices could soften that blow. CNN’s Vanessa Yurkevich reports from Indiana.”,”descriptionText”:”The cost of doing business is increasing for America’s farmers, with inflation pushing up the price of fuel, seed, fertilizer and labor. On the flip side, rising wheat prices could soften that blow. CNN’s Vanessa Yurkevich reports from Indiana.”},{“title”:”Big oil catered to shareholders while Americans were hit with surging gas prices”,”duration”:”02:47″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220316163521-oil-production-supply-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Americans were hit with soaring gas prices, and ramping up oil production was a potential solution. CNN’s Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders — including offering them higher dividends and stock buybacks.”,”descriptionText”:”Americans were hit with soaring gas prices, and ramping up oil production was a potential solution. CNN’s Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders — including offering them higher dividends and stock buybacks.”},{“title”:”Here’s how the Fed’s interest rate hike will affect your wallet”,”duration”:”01:09″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/index.xml”,”videoId”:”business/2022/03/16/fed-interest-rate-hike-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220316141727-wall-street-nyse-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/video/playlists/business-economy/”,”description”:”The Federal Reserve announced it is raising interest rates for the first time since 2018. What does the increase mean to you and your wallet? CNN’s Christine Romans explains.”,”descriptionText”:”The Federal Reserve announced it is raising interest rates for the first time since 2018. What does the increase mean to you and your wallet? CNN’s Christine Romans explains.”},{“title”:”Return to work burdens Americans amid high gas prices”,”duration”:”01:40″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220315084007-commuter-gas-1-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn/video/playlists/business-economy/”,”description”:”Families are feeling the burden of soaring gas prices as companies begin to welcome workers back into the office. CNN’s Pete Muntean has more. “,”descriptionText”:”Families are feeling the burden of soaring gas prices as companies begin to welcome workers back into the office. CNN’s Pete Muntean has more. “},{“title”:”‘We have no economic relations with Russia now’ says IMF chief”,”duration”:”04:35″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220311165426-imf-chief-kristalina-georgieva-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”International Monetary Fund chief Kristalina Georgieva discusses a “spillover impact” that the Russian invasion of Ukraine may have on other countries, how the IMF has cut ties with Russia and how it’s trying to avoid a “massive suffering of people” and economic damage.”,”descriptionText”:”International Monetary Fund chief Kristalina Georgieva discusses a “spillover impact” that the Russian invasion of Ukraine may have on other countries, how the IMF has cut ties with Russia and how it’s trying to avoid a “massive suffering of people” and economic damage.”},{“title”:”‘I would consider living in my car’: How some Americans are impacted by inflation”,”duration”:”03:24″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/economy/2022/03/11/inflation-prices-rent-business-gas-americans-nr-lavandera-pkg-vpx.cnn/index.xml”,”videoId”:”economy/2022/03/11/inflation-prices-rent-business-gas-americans-nr-lavandera-pkg-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220311172230-inflation-arizona-1-vpx-large-169.jpg”,”videoUrl”:”/videos/economy/2022/03/11/inflation-prices-rent-business-gas-americans-nr-lavandera-pkg-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Ed Lavandera talks to three Americans whose lives are being impacted by this year’s record high inflation.”,”descriptionText”:”CNN’s Ed Lavandera talks to three Americans whose lives are being impacted by this year’s record high inflation.”},{“title”:”‘Why so many Americans are sour on the economy:’ Romans breaks down inflation report”,”duration”:”01:15″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/10/us-consumer-price-inflation-february-romans-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/10/us-consumer-price-inflation-february-romans-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220309144319-supermarket-shopper-maryland-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/10/us-consumer-price-inflation-february-romans-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The Consumer Price Index stood at 7.9% over the 12-month period that ended in February. CNN’s Christine Romans breaks down why Americans are paying more for just about everything.”,”descriptionText”:”The Consumer Price Index stood at 7.9% over the 12-month period that ended in February. CNN’s Christine Romans breaks down why Americans are paying more for just about everything.”},{“title”:”Economist explains the risks of recession and stagflation”,”duration”:”02:40″,”sourceName”:”CNN Business”,”sourceLink”:”https://www.cnn.com/specials/investing/markets-now”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/09/stagflation-and-recession-risks-jg-orig.cnn-business/index.xml”,”videoId”:”business/2022/03/09/stagflation-and-recession-risks-jg-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220309141909-stagflation-and-recession-risks-jg-orig-00022305-large-169.png”,”videoUrl”:”/videos/business/2022/03/09/stagflation-and-recession-risks-jg-orig.cnn-business/video/playlists/business-economy/”,”description”:”A war in Ukraine, record-breaking inflation and soaring gas prices are troubling consumers and investors. Dana Peterson, Chief Economist at The Conference Board, explains to CNN Business’s Alison Kosik the risk the US economy faces with recession and stagflation.”,”descriptionText”:”A war in Ukraine, record-breaking inflation and soaring gas prices are troubling consumers and investors. Dana Peterson, Chief Economist at The Conference Board, explains to CNN Business’s Alison Kosik the risk the US economy faces with recession and stagflation.”},{“title”:”What may happen to the economy as gas prices continue to rise”,”duration”:”04:24″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/08/gas-price-increasing-inflation-qmb-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/08/gas-price-increasing-inflation-qmb-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220308133832-mark-zandi-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/08/gas-price-increasing-inflation-qmb-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Moody’s Analytics Chief Economist Mark Zandi predicts what the feds could do as oil prices increase and supply chain issues impact inflation.”,”descriptionText”:”Moody’s Analytics Chief Economist Mark Zandi predicts what the feds could do as oil prices increase and supply chain issues impact inflation.”}],’js-video_headline-featured-19jjtdo’,”,”js-video_source-featured-19jjtdo”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length