TOKYO -- Ahead of the anniversary of Russia's invasion of Ukraine, prices for many commodities that jumped due to the conflict have started declining. This is largely due easing concerns about the availability of Russian exports as alternative supplies come onstream.
Commodities
Commodity prices dip in year since Russia's Ukraine invasion
Prices down from prewar level for 14 of 19 items in widely tracked index
The U.S. imported far less Russian crude oil in 2022, with shipments down 90%. China's imports of Russian crude, by contrast, rose 30%, while India's surged seventeenfold over the same period. © Reuters
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