22 Feb 2023 | 10:31 UTC

Listen: Global oil and gas markets dramatically transformed by a year of conflict in Ukraine

Russia's invasion of Ukraine(opens in a new tab) triggered major supply risks and wide-ranging sanctions that have dramatically changed global oil and gas markets. In a year of price volatility, supply concerns and increasingly harsh sanctions, Russia has accelerated its pivot to Asian markets. As we enter a second year of the conflict, the risk of major security incidents, a decline in Russian production, and even tougher sanctions hangs over global markets.

In this episode of the Commodities Focus podcast S&P Global Commodity Insights experts Paul Sheldon, Stuart Elliott and Sambit Mohanty discuss the impact of the war with managing editor for Russia commodities and energy news Rosemary Griffin.

Related price assessments:
GTFWM10 - Dutch TTF 1-Mo(opens in a new tab)
PCAAS00 – Dated Brent(opens in a new tab)
AAWVH00 – Urals FOB Primorsk(opens in a new tab)
AAWVI00 – Urals Primorsk v Med Dtd Strip(opens in a new tab)

More listening options:

Commodities Focus on Spotify (opens in a new tab) Commodities Focus Podcast on Apple Podcasts (opens in a new tab) Commodities Focus on Google Podcasts (opens in a new tab)

All our infographics on the topic:
Sanctions on Russian commodities tracker(opens in a new tab)
Russian invasion of Ukraine impact on OPEC+ economics(opens in a new tab)
Is Russia's weaponization of energy failing?(opens in a new tab)
G7 price cap hangs over Russian oil flows(opens in a new tab)