2min chapter

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Are fossil fuels funding the war in Ukraine?

New Economics Podcast

CHAPTER

The War in Ukraine Will Affect Energy Prices in the U.K.

There's a lot of uncertainty around what the war in ukraine will do to global gas demand. There was already, as you know, an escallation in wholesale gas prices starting from late last year. And this increases the volatility and uncertainty and market kind of ty in relation to that. We deflit e're going to come circle back to that in a second. Spitlana, i want to go a bit further into this longer term question of ending deposit dependency on fossil fuels. But let's come back to the short term points that you were mentioning about the potential m fall out of this.

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