Ask The Expert: How will invasion of Ukraine impact our wallets?

Ask The Expert: How will invasion of Ukraine impact our wallets?
Photo credit Anna Koberska/Getty Images

Although the conflict is halfway around the world, Russia's invasion of Ukraine will impact the U.S. in many ways.

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Ask The Expert: Invasion of Ukraine will impact our wallets - and not just gas
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First off, we're already seeing the jump in gas prices. Oil and natural gas are not big exports for Ukraine. But Russia? That's another story. And how far will the U.S. and NATO nations go to isolate Putin?

Secondly, Ukraine (the "breadbasket of Europe") is a big exporter of other commodities, like corn and wheat. So we are likely to see corn prices rise along with related goods like cooking oil and livestock feed.

On Ask the Expert, Dr. Mike Slattery, chair of the Department of Environmental Sciences at TCU opined with KRLD's David Rancken and John Liddle about the impact of the Russian invasion.

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Featured Image Photo Credit: Anna Koberska/Getty Images