Five ways the Russian invasion of Ukraine could impact the US economy
World,Ukraine War,Russia,Energy,Economy And Jobs,Oil,Gas Prices,Cybersecurity
The Russian invasion of Ukraine and the unprecedented sanctions imposed in response by the U.S. and western allies have rattled the global economy and financial markets.
They’ve also upended supply chains for crucial food, energy and industrial products amid a global burst of inflation, derailed global travel and driven volatility into the stock market.
Here are five ways the Russian invasion of Ukraine impacts Americans.
Energy and oil prices rise
Oil prices skyrocketed Monday as Russia’s invasion of Ukraine entered its fifth day and the U.S. and European Union continued to ratchet up sanctions, with Brent crude topping $100 a barrel.
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