Abstract:
The conflict between Russia and Ukraine has had extensive repercussions on the world economy, impacting energy markets, supply chains, financial stability, and food security. Sanctions on Russian energy exports have led to a spike in energy prices, while disruptions in the supply of agricultural products from Ukraine and Russia have worsened global food shortages. Financial markets have experienced heightened volatility and uncertainty, influencing investment and economic expansion. Furthermore, the war has prompted shifts in global trade patterns and alliances, necessitating collaborative international measures to stabilize markets, guarantee food security, and advocate for sustainable economic strategies.
Introduction:
The Russian-Ukrainian war, which began in February 2022, has had profound and far-reaching effects on the global economy. The conflict has disrupted international trade, heightened geopolitical tensions, and contributed to economic instability across multiple regions. Understanding the economic implications of this war requires an examination of several key areas, including energy markets, supply chains, financial markets, and global food security.