Photo: Moment RF
- The crisis in Ukraine has another after-effect for the rest of the world.
- Potato chip prices could rise because of the Russian invasion.
- Companies that use sunflower oil to fry chips and make other snacks might be hit with higher prices and the spike could be passed on to consumers.
- Why? Ukraine exports 46 percent of the world's sunflower and safflower oil, making the country the most prominent supplier.
- Russia comes in second place exporting 23 percent of the planet's sunflower oil.
- Prices on sunflower oil were already going up. The current conflict makes more hikes inevitable.