Higher prices for petrol, electricity and food: How Russia’s invasion of Ukraine might affect people in Singapore (CNA)

CNA (Asia) reported on how families and businesses in Singapore might see prices of some goods rise amid Russia’s invasion of Ukraine. Pump prices for petrol and diesel, as well as the cost of electricity, will go up as a result of rising global energy costs due to the crisis in Ukraine. Senior research fellow David Laborde stated that the real impacts on the global food supply would be felt in four months, when the next wheat harvest would begin.”