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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) — 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)**

8 min read . Updated: 28 Feb 2022, 06:46 PM IST Alistair MacDonald, The Wall Street Journal

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.

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

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