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World

Why ‘Ukraine carnage’ in the markets won’t last

16 February 2022

6:10 PM

16 February 2022

6:10 PM

Oil will shoot up to $130 a barrel. The prices of natural gas will double in a few hours, tipping a few more energy companies into bankruptcy. The tech stocks will crash, currency traders will panic, and the bond markets will crater. If Russian tanks do start to roll across the Ukrainian border this week then we can expect carnage in the financial markets.

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