TOKYO -- The rising cost of crude oil is spreading to the wider global economy, pushing up prices for sugar, rubber and other essential commodities and contributing to persistent inflationary pressures.
Commodities
Global sugar, rubber prices soar on crude oil's climb
Effects ripple through markets as speculators bet on increased ethanol demand
Tractors unload sugar cane into a truck during a harvest in Brazil. © Reuters
Read Next
Latest on Commodities
