It has only recently been finding its feet after two years of pandemic complications, but the global economy must now deal with shock waves from the Russian invasion of Ukraine.
The stakes here are huge.
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy. In the short term the implications for energy have been minimal. The financial sanctions introduced in recent days have generally been specifically designed with exemptions for the energy trade, to avoid interrupting the flow of .
The cost of gas, both for cooking and gas-to-power, may soar in Nigeria and other export dependent countries, as tension between Russia and Ukraine pose fresh challenges for the already tense market.
Natural gas prices dived lower Monday as traders assessed expectations for warmer weather patterns and the potential for weakening demand over the coming
Natural gas prices dived lower Monday as traders assessed expectations for warmer weather patterns and the potential for weakening demand over the coming