War in Ukraine: When political risks upturn commodity markets

Financial Times/Emiko Terazono, Neil Hume and Nic Fildes/3-1-2022

“[C]ommodity traders and purchasing managers are growing increasingly worried about the way that many raw materials have the potential to be used as weapons of foreign policy — especially if a new cold war develops that divides Russia, and potentially China, from the west.”

USAGOLD note: For those who like to dig beneath the headlines, this Financial Times’ “big read” delves into the possible longer-term effects the Ukraine war will have on commodity supply lines and prices.