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Domino effect of Putin's war is industry's biggest concern

The domino effect set off by Vladimir Putin’s war is top of mind for the metals and mining industries this year, and the sectors carry a more pessimistic outlook than that of analysts, according to a survey from commodities business intelligence company CRU.

Domino effect of Putin's war is industry's biggest concern Domino effect of Putin's war is industry's biggest concern Domino effect of Putin's war is industry's biggest concern Domino effect of Putin's war is industry's biggest concern Domino effect of Putin's war is industry's biggest concern

“The main risks identified are closely related to each other, with energy prices driving inflation and the Russia-Ukraine war leading to higher energy prices,” CRU said.

Prolonged inflation was ranked as the top global risk for 2023, with a score of 70%, followed by high energy prices (60%) and an escalation of the Russia-Ukraine war (47%).

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