By Andrey Dashkov, analyst, Casey Research
The war in Ukraine has begun.
The markets are reacting to the violence as they tend to do… commodities are rising, and stocks are volatile.
Just as the world is recovering from the pandemic, it’s up for another turbulent year.
And as someone who grew up and lived a large part of my life in Eastern Europe, Dave Forest asked me to share my perspective on what’s happening in Ukraine right now.
In short, prepare for higher oil and natural gas prices… and even more inflation in the coming months…
The War in Ukraine to Push Energy Prices Higher
Russia is determined to re-establish itself as a regional power… and it’s unlikely this situation will change soon, or for the better.
That’s because the Russian government isn’t prioritizing economic considerations.