High Prices ‘Just Beginning’ of Economic Turmoil From Russia-Ukraine Conflict

High Prices ‘Just Beginning’ of Economic Turmoil From Russia-Ukraine Conflict
A man looks for food next to the empty shelves of fruit as residents fear a fresh food shortage at a market in Hong Kong, on Feb. 28, 2022. Vincent Yu/AP Photo
|Updated:

As Russian President Vladimir Putin’s attack on Ukraine rolls into its third week, countries worldwide are reeling from a surge in commodity prices since the onset of the conflict.

The cost of oil catapulted to $130 per barrel but dropped on March 16 during an interlude over progress with peace talks between Putin’s administration and Ukraine’s President Volodymyr Zelensky’s government.
Autumn Spredemann
Autumn Spredemann
Author
Autumn is a South America-based reporter covering primarily Latin American issues for The Epoch Times.
twitter
Related Topics