A strain on supply chains

SUPPLY chain disruptions are becoming something of a norm this decade, what with the Covid-19 lockdowns, the Russian invasion of Ukraine and the present conflict in West Asia, which is now into its sixth week.

Even if the war ends soon, the projections are that energy prices will continue to stay elevated due to heightened risks. This will have knock-on effects on prices across-the-board, which is already happening, as energy is the base input for all economic activities.