The war in Ukraine and related sanctions have triggered a sharp increase in commodity prices, which will add to the challenges facing countries in the Middle East and North Africa—particularly the region’s oil importers. After leaping to a peak of $130 per barrel following Russia’s invasion, oil prices are expected to settle at an annual …
The post Middle East and North Africa’s Commodity Importers Hit by Higher Prices first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John