Frost & Sullivan finds that the Russian and Ukrainian economies will take a severe hit, contracting 11.5% and 25.5% respectively in 2022, while oil-exporting majors will reap gains from soaring oil prices San Antonio, TX – April 25, 2022 – The Russia-Ukraine conflict and resultant sanctions on Russia have disrupted global energy and food trade, increased logistics costs, and fanned inflationary pressures, creating a challenging environment for businesses and policymakers alike. While the crisis will result in a near-term slowdown of global trade and economic growth, the Russian and Ukrainian e…
