What is the primary reason for the increase in the crude oil price and what is the remedy to control inflation

please give me the apt and explained answer for the question because this is my topic for discussion for me in the collegeWhat is the primary reason for the increase in the crude oil price and what is the remedy to control inflation
People will pay whatever it takes for fuel, so the price will keep going up- this drives up the cost of all things transported by vehicles that use fuel and makes inflation spike.


If you can solve this problem, you would have the world at your feet.What is the primary reason for the increase in the crude oil price and what is the remedy to control inflation
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I can write a ten page term paper about this, there are many reasons, supply and demand, speculation, any crazy thing happens in the oil producing country as for inflation low intrest rates.
it is already answered!