OPEN APP
Home / Politics / News /  Car parts, chips, sunflower oil: War in Ukraine threatens new shortages

Car parts, chips, sunflower oil: War in Ukraine threatens new shortages

The conflict is also bottling up Ukraine and Russia’s vast commodity exports, sending the price of oil, natural gas, wheat and sunflower oil rocketing (Photo: Reuters)Premium
The conflict is also bottling up Ukraine and Russia’s vast commodity exports, sending the price of oil, natural gas, wheat and sunflower oil rocketing (Photo: Reuters)
wsj

The Russian invasion has shut down auto factories, hit steel supplies and severed transportation routes. Commodity prices are soaring for sunflower oil, natural gas and wheat

Russia’s invasion of Ukraine is piling new troubles onto the world’s already battered supply chains. The fighting has shut down car factories in Germany that rely on made-in-Ukraine components and hit supplies for the steel industry as far as Japan. It has severed airways and land routes that had become crucial since the pandemic began gumming up sea trade.

Close
Recommended For You
×
Edit Profile
Get alerts on WhatsApp
Set Preferences My ReadsFeedbackRedeem a Gift CardLogout