Global Impact of the Ukraine War on Food and Energy Markets

This chapter examines the significant effects of the Ukraine conflict on global food prices and energy markets, detailing the urgent actions required by European nations to mitigate rising energy costs. It reveals the unexpected stability of commodity prices despite initial fears of shortages, while highlighting the resilience of Russian wheat exports and the complex dynamics of speculative trading. The analysis also addresses the interconnected challenges posed by high energy prices on agricultural inputs and the potential implications for future food supply and prices.