CRUDE FAQs
Why has crude turned volatile?
Due to Russia's invasion of Ukraine. This resulted in sanctions being imposed on Russia (second-largest exporter in the world) by the US and Europe, eventually leading to a supply squeeze. This is not the first time that crude oil has turned volatile due to geopolitics. Whenever political uncertainty increases, crude prices go on a roller-coaster ride.
Why do geopolitics affect it?
Denne historien er fra April 2022-utgaven av Wealth Insight.
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Denne historien er fra April 2022-utgaven av Wealth Insight.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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