THE world is currently battling to deal with inflation pressures that can be traced back to various factors, which are mostly external in nature, including the Russian invasion of Ukraine last year.
How did the Russian invasion of Ukraine worsen global inflationary pressures? When Russia invaded Ukraine, the US and its allies quickly advocated for the total boycott of any type of trade with Russia, including oil and gas. This created global jitters about a lower global supply of crude oil, which saw the Brent crude oil price moving
