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These Charts Show Russia's Invasion Choking World Of Natural Resources

• https://www.zerohedge.com, by Tyler Durden

It even supersedes changes to commodity markets in the 1970s and involves every commodity from grain to fertilizer to crude to metals. 

In a series of charts (provided by Bloomberg), we will show just how the Ukrainian conflict and Western sanctions on Russia are choking the world's supply of natural resources, driving up prices. 

Russia is a top exporter of many commodities.

Here is the share of Russian exports for each region of the world. The U.S. and allies implementing bans on Russian crude and other commodity exports have disrupted global trade and unleashed supply constraint fears (here's why banning Russian crude imports is risky). 

Anyone who has filled up their fossil fuel vehicle has noticed prices at the pump have soared since the invasion. That's because Russia is the second-largest crude exporter globally, behind Saudi Arabia. The U.S., U.K., and Canada have banned imports of Russian imports, sending energy markets into turmoil. 

China, Germany, Poland, and the Netherlands are some of the top regions that receive Russian crude. Any loss of oil will impact refineries and their ability to produce crude products. 

Russia is the second-largest exporter of gasoline and diesel, right behind the U.S. Their largest export market is Europe. 

France, Germany, Turkey, and the U.K. guzzle the most Russian gasoline and diesel per day by volume. A supply shock has already caused soaring prices and shortages as European countries shun purchases from Russia. 


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