Crisis in Ukraine will impact gas prices and stock market
Автор: WKYC Channel 3
Загружено: 2022-02-24
Просмотров: 957
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Gas prices will soon be impacted by Russia invading the Ukraine.
We're not on the front lines of war, but you're right, we're all part of a global economy. So this significant attack on Ukraine will have a trickle down effect to the rest of us.
The first place we'll see an impact is at the gas pump. A place where we've seen gas increases already. Russia is still a huge supplier of oil to Europe. And right now globally, we're seeing demand outweigh supply.
This uncertainty during a Russia Ukraine war exacerbates the situation. Uncertainty also has a negative impact on the stock market. We've see the numbers are down today. We'll likely continue to see volatility because this is a very unpredictable global situation.
All of this, on top of the inflation we've already been experiencing.
READ MORE: https://www.wkyc.com/article/news/nat...
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