Commodity prices soar to highest level since 2008 over Russia supply fears

Global commodity prices are on track for the biggest weekly rally in more than 50 years and Europe’s natural gas prices have hit a new record, as the war in Ukraine triggers «exceptional moves» in raw materials from oil to wheat.

The war in Ukraine has also rattled the coal market, with benchmark coal prices in Asia soaring above $400 a tonne.
The war in Ukraine has also rattled the coal market, with benchmark coal prices in Asia soaring above $400 a tonne.Foto: Luke Sharrett/Bloomberg
Publisert 3. March 2022, kl. 11.50Oppdatert 3. March 2022, kl. 11.50