Oreshkin confirmed that in addition to the food crisis as such, crises with electricity, fuel and fertilizers are currently raging in the world.
The “perfect storm”, as I said, is due to the combined influence of a number of factors.
No single factor can cause prices to rise by 70%.
So here, of course, the monetary policy, and the energy crisis, and the fertilizer crisis - all this combined gives the result of the problems that we are now facing, ”he said.
Earlier, Oreshkin said that the crises observed in the food and fuel markets were not caused by recent events around Ukraine: erroneous steps were taken in the United States during the pandemic crisis, as well as in Europe, where the calculation of short-term contracts drove up energy prices.