Energy Crisis From Ukraine Invasion Might Weigh on US Inflation, Economy

Energy Crisis From Ukraine Invasion Might Weigh on US Inflation, Economy
The New York Stock Exchange (NYSE) at Wall Street in New York on May 26, 2020. Johannes Eisele/AFP via Getty Images
Andrew Moran
Updated:

The Ukraine-Russia military conflict and the Federal Reserve could be the main factors impacting the U.S. economy in the coming months, market strategists say.

Russia’s invasion of its western neighbor has had many energy analysts and governments worldwide monitoring crude oil and natural gas prices. So far, the benchmark West Texas Intermediate (WTI) and Brent prices have flirted with $100 a barrel, while natural gas has held steady at $4.50 per million British thermal units (Btu).

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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