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The Japan News/Yomiuri

National

The Yomiuri Shimbun

Economic impact of Ukraine invasion may reach as far as Japan

Japan Ukraine Russia

Tadashi Komine stands in front of his bread shop in Shinagawa Ward, Tokyo, in late February. (Credit: The Yomiuri Shimbun)

The economic impact of Russia's invasion of Ukraine may stretch as far as daily life in Japan, as international trading prices for wheat, crude oil and natural gas are rising due to fears that Ukrainian and Russian exports of these products will stall.

Exports of wheat from Ukraine and Russia account for about 30% of the world total, and Russia is also one of the top exporters of crude oil and natural gas.

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