US inflation is at a 40-year high. Russia’s war will only make it worse

Biden's green energy plan could be derailed since Russia mines and produces a significant amount of key metals

I will not pretend this will be painless," Joe Biden warned Americans before Russia's invasion of Ukraine. And as the war disrupts already hard-hit international trade, US consumers are likely to soon see just how painful the consequences of the conflict will be in the US.

Inflation is already at a 40-year high in the US and, depending on the length and depth of Russia's war, any further disruption could cause prices to rise at the pump and perhaps on store shelves.