It is a blowout day for commoditiesJust as a bit of context, and e together account for about 1/4 of global trade of staple goods. The war is one thing but disruption to logistics and supply chains as well as sanctions are just making everything a mess right now.
What started with a focus on oil and wheat prices have now
Source: It is a blowout day for commodities (https://www.forexlive.com/news/it-is-a-blowout-day-for-commodities-20220307/)
forexlive.com