MP SPEAKS | How Russian invasion of Ukraine will affect Malaysians

MP SPEAKS | It has been almost one week since the start of the Russian invasion of Ukraine. While this war in Europe may seem distant to most Malaysians, there are negative consequences arising from Russia’s aggression that will be felt by the average Malaysian sooner or later. I have listed eight of what I see are the most important negative consequences: • Increase in oil and energy prices The price of oil (measured by BRENT CRUDE) breached the US$100/barrel mark last week and will likely remain high as long as the Russian invasion of Ukraine continues. While Petronas may reap higher profits…

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