As the yearslong Russia-Ukraine war intensifies, experts say some key components of the modern economy could be at risk, and markets are still guessing as to what the conflict could bring next.
On Sunday, President Biden gave Ukraine permission to use U.S.-made long-range missiles to strike deep into Russian territory, a move marking a stark reversal from the administration a mere two months before leaving office. Ukraine quickly seized on the newfound permission to strike a facility in the Bryansk region Tuesday using U.S.-made missiles, Russia’s Defense Ministry said. In response, Russian President Vladimir Putin lowered the country’s threshold for using nuclear weapons, a clear warning to the West.
