Ukraine conflict – Five ways life could get more expensive

Russia-Ukraine Conflict is likely to raise the prices of various commodities, especially of those that directly come from these counties and distributed in the global markets. Russia and Ukraine lead the global production of metals such as nickel, copper and iron. They are also largely involved in the export and manufacture of other essential raw materials like neon, palladium and platinum. Fears of sanctions on Russia have increased the price of these metals.