https://sputnikglobe.com/20220125/imf-russia-ukraine-conflict-could-further-increase-world-energy-costs-1092510865.html
IMF: Russia-Ukraine Conflict Could Further Increase World Energy Costs
IMF: Russia-Ukraine Conflict Could Further Increase World Energy Costs
Sputnik International
WASHINGTON (Sputnik) - A possible Russia-Ukraine conflict may further raise energy costs for many countries, the International Monetary Fund’s First Deputy... 25.01.2022, Sputnik International
2022-01-25T16:17+0000
2022-01-25T16:17+0000
2022-01-25T16:16+0000
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"Consequences for energy markets would likely be a further increase in prices of oil and gas and, therefore, energy costs more broadly for many countries in the world," Gopinath told a live-streamed IMF World Economic Outlook Update.Crude oil prices have risen more than 10% since the start of the year, partly due to geopolitical tensions over the Ukraine conflict.
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IMF: Russia-Ukraine Conflict Could Further Increase World Energy Costs
WASHINGTON (Sputnik) - A possible Russia-Ukraine conflict may further raise energy costs for many countries, the International Monetary Fund’s First Deputy Managing Director Gita Gopinath said Tuesday.
"Consequences for energy markets would likely be a further increase in prices of oil and gas and, therefore, energy costs more broadly for many countries in the world," Gopinath told a live-streamed IMF World Economic Outlook Update.
Crude oil prices have risen more than 10% since the start of the year, partly due to geopolitical tensions over the Ukraine conflict.
