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Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil
Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…

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by Zak Failla