The Russia - Ukraine War, What is the potential impact on Egypt?

As weeks of tension now turn to open warfare between Russia and Ukraine, the effects on global trade, financial markets, and national economies, including Egypt economy, are becoming clear. Many of
the supply chain issues that are still with us from the pandemic are going to be aggravated by this. That means global energy costs will rise, and so will food costs. Both Russia and Ukraine are among the world’s largest grain exporters, which means that there will be major disruptions of the world’s food supply. There is still a lot that is not known about the geopolitical challenges that lie ahead. But for Egypt, how will it be affected?

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