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Sky News host Chris Smith says the conflict in Ukraine is “strangling the entire world” right now.
“As the strain on energy supplies across the globe builds, the cost of manufacturing and transporting a vast majority of goods, is skyrocketing,” he said.
“We thought supply chains were stretched because of COVID, it’s been massively compounded, by Putin’s senseless war.”
Mr Smith said there were signs the conflict may be ending as Russian President Vladimir Putin addressed the country “for the first time since the invasion”.
“He knows his war-weary soldiers have failed, Ukraine has retaken thousands of square kilometres of territory, and the word on the street in Moscow is that Russia has been humiliated,” he said.
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