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 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
PCAAS00 – Dated Brent
AAWVH00 – Urals FOB Primorsk
AAWVI00 – Urals Primorsk v Med Dtd Strip

More listening options:

Commodities Focus on Spotify Commodities Focus Podcast on Apple Podcasts Commodities Focus on Google Podcasts

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