India’s aam aadmi may feel the brunt of the Russia-Ukraine crisis as basic commodity prices rise.
The global economy is on the edge as tensions rise between Russia and Ukraine. From natural gas to wheat, experts see prices rising for everything from natural gas to wheat in the near future.
The following may be affected in the coming days:
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Natural gas prices rise The Ukraine-Russia crisis has pushed Brent to $96.7 a barrel, its highest level since September 2014.
Russia is one of the largest oil producers. The current crisis could cause prices to surge above $100 a barrel in the coming days. Rising crude oil prices will affect global GDP.
A JPMorgan analysis found that a rise in oil prices to $150 a barrel would reduce global GDP growth by just 0.9%.
Crude oil-related products directly account for more than 9% of the Wholesale Price Index (WPI) basket. Therefore, higher Brent crude oil prices will add about 0.9% to India’s WPI inflation.
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According to experts, if Russia goes to war with Ukraine, the price of domestic gas (CNG, PNG, electricity) could increase tenfold.
LPG to increase kerosene subsidies Higher crude oil prices are expected to increase subsidies for LPG and kerosene.
Gasoline, diesel prices to rise Historically, high oil prices have led to higher gasoline and diesel prices across India. Fuel prices in the country hit a record high in 2021.
Petrol and diesel prices in India could soar if the Russia-Ukraine crisis continues.
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Oil accounts for about 25% of India’s total imports. India imports more than 80% of its oil needs. Higher oil prices will affect the current account deficit.
Wheat prices may rise If food supplies in the Black Sea region are disrupted, experts fear it could have a major impact on prices and fuel food inflation.
Russia is the world’s largest wheat exporter, while Ukraine is the fourth largest. The two countries account for nearly a quarter of total world wheat exports.
According to a recent United Nations report, food prices have risen to their highest levels in more than a decade, largely due to the impact of the pandemic on supply chains.
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Energy and food prices are likely to see sharp swings in the coming days. The resulting investor sentiment could jeopardize investment and growth in global economies.
Metal prices rise Palladium, a metal used in car exhaust systems and mobile phones, has surged in price in recent weeks amid fears of sanctions against Russia. The country is the world’s largest exporter of palladium.
Lana Condor and Anthony De La Torre married in a picturesque hillside setting in Malibu, California, in October 2024. The couple shared their intimate wedding video, which captured their smiles and heartfelt tears. The video featured drone shots of picturesque hills and the wedding venue.
As well as close-ups of Lana in her wedding gown and emotional moments. The couple also included an after-party celebration where the couple cut the cake and guests danced the night away. Lana Condor is known for her role in.
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To All the Boys I’ve Loved Before trilogy, while Anthony De La Torre is an actor and musician. The couple first met in 2015 and got engaged in 2022. The couple has also starred in Boo, Bitch, X-Men Apocalypse, and Deadly Class.
Lana Condor, renowned for her portrayal of Lara Jean Covey in the “To All the Boys I’ve Loved Before” film series, recently shared a heartfelt wedding video that has captivated fans worldwide. The video, reminiscent of a romantic comedy, offers an intimate glimpse into her wedding day with actor and musician Anthony De La Torre.
A Dreamy Malibu Wedding
In late October 2024, Lana and Anthony exchanged vows in a picturesque ceremony at the Serra Retreat Center in Malibu, California. The venue, nestled atop the Malibu mountains, provided a serene backdrop for the couple’s special day. Lana chose the location because she had visited it with her late mother during her childhood, making it a place of profound personal significance.
Lana’s wedding video captures the essence of their love story, blending candid moments with cinematic elegance. The footage showcases the couple’s first look, heartfelt vows, and the joyous celebration that followed. The video has been lauded for its authenticity and the palpable chemistry between Lana and Anthony, evoking the charm of a classic romantic film.
A Nod to ‘To All the Boys’
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The wedding video has drawn parallels to the “To All the Boys” series, where Lana’s character navigates the complexities of young love. Fans have noted the similarities between the fictional romance and the real-life love story, highlighting the serendipitous nature of Lana’s journey from on-screen romance to real-life happiness.
Lana and Anthony’s Journey
Lana and Anthony’s relationship began in 2015 after meeting at an Emmy Awards party. They announced their engagement in January 2022 and have since been a beloved couple in the entertainment industry. Their wedding marks a new chapter in their shared journey, celebrated by fans and peers alike.
Celebrating Love and Life
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Lana’s wedding video serves as a testament to love’s enduring power and the beauty of shared moments. It resonates with many, offering a glimpse into the joy and commitment that define a lasting partnership.
For a visual experience of Lana and Anthony’s wedding, you can watch the following video:
Lana Condor, celebrated for her role as Lara Jean Covey in “To All the Boys I’ve Loved Before,” recently shared a wedding video that feels straight out of a romantic comedy. In late October 2024, she married actor and musician Anthony De La Torre in an intimate ceremony at the Serra Retreat Center in Malibu, California.
The video captures the couple’s heartfelt vows, candid moments, and the joyous celebration that followed. Lana wore a stunning Vera Wang gown, a choice she had made two years earlier with her late mother. people.com The ceremony was described as timeless and airy, set atop the Malibu mountains
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