Rising energy costs, fertilizer shortages, and supply chain disruptions are quietly pushing up production costs across global industries, according to Citadel Global.
While global attention remains focused on oil prices and currency volatility amid escalating tensions in the Middle East, Bianca Botes said the deeper and longer lasting economic consequences are unfolding quietly across industries that many consumers would never directly associate with the conflict.
According to Botes, the impact of the ongoing geopolitical tensions cannot be measured purely through oil market headlines.
“The impact of the war cannot be measured based on headlines alone,” she said.
“While the news may focus on the oil price and currency moves, there is a far more silent effect that is worth discussing, one that will have a far longer impact than the shorter term pain of higher oil prices.”
