Russia is 10% of global oil output, and Russia and Ukraine combined are large producers of food, metals and energy, says Kurt Nelson, the Founding Partner and CEO of Summerhaven. Russia also produces aluminum, nickel, and wheat and corn. He explains if the conflict continues for months, it will be a huge event for metals, energy, and grains. Kurt explains positive skew in commodity investing. He also explains counties such as Turkey and Panama may restrict trade through their transportation channels.
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