Commentary Global food, fertilizer, and energy supply chain disruptions caused by the Russia-Ukraine conflict are now driving key geopolitical realignments. It is hardly surprising: food and energy shortages and inflation began to disrupt social stability in many countries within months of the start of the war. Fertilizer shortages—caused by taking dominant producer Russia out of…
Wall Street Opens Higher on Signs of Easing Geopolitical Tensions
Wall Street’s main indexes opened higher on Tuesday, with the Nasdaq up more than 1 percent, as Moscow’s withdrawal of some troops near Ukraine assuaged fears of a potential Russian invasion slightly. The Dow Jones Industrial Average rose 120.02 points, or 0.35 percent, at the open to 34,686.19. The S&P 500 opened higher by 27.61…
Oil Rises on Elevated Geopolitical Risks in Europe and Middle East
LONDON—Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, which could make an already tight market even tighter. Brent crude rose 33 cents, or 0.4 percent, to $88.22 a barrel by 1149 GMT. U.S. West Texas Intermediate (WTI) crude gained 24 cents,…
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