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Following recent events such as Covid and the Russian war in Ukraine, explain the following:n n i) Oil prices increased to almost $120; why are

Following recent events such as Covid and the Russian war in Ukraine, explain the following:n
n
i) Oil prices increased to almost $120; why are prices under pressure lately?n
n
ii) Parity between dollar and euro; what’s your view in the short to mid term?n
n
iii) At record debt levels for most countries; what can emerging markets do in times like this?

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Answer i The prices of Oil are under pressure lately because of the following a Deep unabsorbed supply basic economics b Easing of constraint on supply growing with lower prices after the recent sanct... blur-text-image

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