It was to be expected. Slightly related, there's also this, from today's Financial Times [1]:
> Commodity prices soar to highest level since 2008 over Russia supply fears (...) With exports from Ukraine and Russia at a virtual halt, wheat soared, with Chicago futures at the highest levels since 2008, when a spike in grain prices triggered protests and riots in Africa, Asia and Latin America.
didn't see that many journalists and opinion pieces mentioning this side of the sanctions, i.e. what negative effects they will have on us.