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Two Years of War: The Roots of Inflation and Energy Crisis

  • Writer: Yeonseo Kim
    Yeonseo Kim
  • Nov 1
  • 1 min read

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It has been two years since the war between Russia and Ukraine began, and the effects are felt all around the world. This war is not only about battles but also about money and resources. Many countries far from the war are facing higher prices and shortages because of the conflict.


One big problem is inflation, which means that the prices of everyday items go up. When the war started, the prices of food and raw materials quickly increased. Ukraine, often called the "breadbasket of Europe," could not export wheat and corn easily. This made bread, pasta, and other foods more expensive in many countries. Families had to spend more money on groceries.


Another major issue is the energy crisis. Russia is one of the largest suppliers of gas and oil. When the war disrupted trade, many European countries struggled to get enough energy. Gas prices rose, heating became costly, and factories had to pay more for power. People were encouraged to save energy, and governments searched for new energy sources.


The war shows how connected the world really is. Even if a country is not directly fighting, it can still suffer from economic problems. Inflation and the energy crisis remind us that peace is important not just for safety, but also for stable and affordable living.


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