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Oil, commodities price shock could cost over 4% of global GDP, Trafigura says

Published on9 Mar 2022

Soaring prices of commodities from oil to wheat in the wake of Russia's invasion of Ukraine could cost the global economy the equivalent of at least 4% of gross domestic product, commodities trading major Trafigura said on Wednesday.

 

This article was originally published by Reuters on the 9 March 2022.

 

Read the full article: https://www.reuters.com/business/oil-commodities-price-shock-could-cost-over-4-global-gdp-trafigura-says-2022-03-09/

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