As Russian Forces Attack
"As Russian forces attack targets across Ukraine, commodity traders are watching the country’s vast network of infrastructure that’s key to supplying gas, crops and steel to Europe and beyond.
Moscow has confirmed it is targeting military facilities across the country and Ukraine’s border guard said it was being shelled from five regions, including from Crimea in the south and Belarus to the north.
The Donetsk region is home to a port that ships out grains and metals, as well as major steel mills. Further away from the Russian border, there are more important terminals feeding the world’s commodity needs. Huge amounts of gas are piped from Russia though Ukraine to the European Union.
Any disruption poses risks of shortages in Europe, and with commodity prices already around record highs, war in Ukraine will add to inflation pressure across the global economy."
