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Global Shipping Leader: Russia-Ukraine conflict to impact global supply chains - shortages will be inevitable should the conflict persist

Emily

Editor, Senior Moderator
https://www.hellenicshippingnews.com/russia-ukraine-conflict-to-impact-global-supply-chains-moodys/
Russia-Ukraine conflict to impact global supply chains: Moody’s

in Port News 08/03/2022
The greatest risk facing global supply chains has shifted from the pandemic to the Russia-Ukraine military conflict and the geopolitical and economic uncertainties it has created.

Moody’s Analytics says that the weight of the economic impact the Russia-Ukraine military conflict will have on global supply chains will hinge on how long the conflict lasts.

Global supply chains have been in a fragile state since the start of the pandemic, and the military conflict will only exacerbate the situation for companies in many industries, particularly those heavily reliant on energy resources.

Inventory and reserves can help mitigate short-term supply-chain disruptions, but shortages will be inevitable should the conflict persist, the report adds...
 
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