The crisis between Russia and Ukraine has had a profound impact on world politics. Despite this,
Russia and Ukraine are both concerned about robust navy actions and talks. Understanding what
is happening in Russia and Ukraine is crucial since the situation is rapidly shifting and has a
significant impact on regional security. In addition to having a significant influence on two
countries, this war has also had a significant impact on global family members, international
politics, and security dynamics.

Impact of the Ukraine Russia War on Global Energy Prices and
Supply Chains:

This War has closely affected the arena’s energy prices and deliver chain. Being one of the
international’s leading electricity-producing international locations, Russia’s involvement
inside the battle ended in excessive disruptions to the oil and gasoline supply chain. With
most European international locations heavily reliant on Russian electricity, a scramble
for options became imperative and boosted expenses to astronomical degrees, thereby
contributing to higher inflation prices internationally.

Global Food Crisis Triggered by the Ukraine Russia War;

This War has catalysed a global food crisis by severely disrupting one of the world’s main
agricultural centres. Ukraine is among the world’s leading wheat and corn exporters, along with
sunflower oil, whose agricultural production is affected by blocked ports. As a result of these
disruptions, food shortages have been experienced together with high price increases, especially
in the Middle East, North Africa, and parts of Asia, which highly depend on the exports of
Ukraine.

Sanctions and Russia’s Economic Realignment

Sanctions have led to Russia’s exclusion from the global financial system, including SWIFT,
freezing of assets, and inflation in Russia. The sanctions have pushed Russia closer to
China, which has become a very important economic partner.

Trade Disruptions Caused by the Ukraine Russia War:

Trade has been severely affected by the conflict, especially in the Black Sea
region, and there are bottlenecks and delays in shipments. Countries dependent on
Russian and Ukrainian exports for commodities like grains, metals, and oil have been
severely impacted.

Written By:

Muhmmad Sannan Memon