Jordan Spieth watches his tee shot on the first hole during the second round of the AT&T Byron Nelson golf tournament at Trinity Forest Golf Club in Dallas on Friday.

Food, energy price shocks from Ukraine war could last for years: WB

Reuters :The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through the end of 2024, according to the World Bank’s latest Commodity Markets Outlook report.The increase in energy prices over the past two years has been the largest since the 1973 oil crisis. Price increases for food commodities-of which Russia and Ukraine are large producers-and fertilisers, which rely on...

28 Apr 2022, 12:00 am