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> and have been for almost a year now Correct! > are not related to Russia at all. Wrong! The price increase has EVERYTHING to do with Russia... because the
by ComradePhil 5y ago
> and have been for almost a year now
Correct!
> are not related to Russia at all.
Wrong!
The price increase has EVERYTHING to do with Russia... because the conflict has been ongoing for much longer: https://news.ycombinator.com/item?id=30522164 https://news.ycombinator.com/item?id=30522164
Those trading energy knew of the energy related tensions between Russia and the west and hence were bidding high prices for these commidities in the futures markets.