Russian attack on its southern neighbor Ukraine has affected several assets globally, including stocks, gold, oil, and much more. Read on to know more about global markets plummeting after Russia invades Ukraine.
The world has still not completely recovered from COVID-19, which largely affected the world’s economy and human lives. Now the prices are soaring and the world market is down, not because of the impact of COVID-19, but Russia’s invasion of Ukraine.
Russia is the second-largest exporter of oil and one of the biggest exporters of natural gas. Crude oil prices have surged $105 a barrel for the first time in more than eight years. Russia produces 10. 5 million oil barrels per day in which it exports more than 5 million barrels worldwide.
Russia and Ukraine are also the world’s largest grain exporters, so the world’s food supply can also be affected.
The share market was already on a rollercoaster this year. Now Russia’s attack on Ukraine has paved the way for more market swings. Here is how the conflict can affect the stock market and your investment.
Several giant companies’ shares slumped after Russia invades Ukraine. Here are the highlights-
According to a J.P. Morgan strategist, the following companies can be at risk-
Apart from these companies, many multinational corporations, financial markets, and global trade are affected by the Russia-Ukraine crisis.
Vitamin C and Vitamin A decrease up to 80% when food is dried! Read on…
Flying cockroaches are terrifying but find how a cockroach can live without its head for…
When is the blueberry season? Can you really pick, ripen, and sweeten blueberries at home?…
Learning these weird laws matters as they can save you from going to jail. Find…
Bumblebees are called the Bombus, and they are the most important pollinators in most places…
Explore the most amazing facts about Bruno Mars, his real name, Guinness world record, and…