Abstract

The ongoing Russia-Ukraine conflict which escalated in early 2022 has profoundly reshaped the global energy landscape and economic policies. This research explores the multifaceted impact of the conflict on international energy markets trade patterns and macroeconomic stability. Russia as a major supplier of oil natural gas and critical minerals has been central to global energy security and the war has triggered significant disruptions in supply chains. European nations heavily reliant on Russian energy have faced immediate challenges in securing alternative sources resulting in a surge in energy prices and accelerated transition toward renewable energy investments. Beyond energy the conflict has had severe repercussions on global financial markets inflation rates and economic policymaking influencing both developed and developing economies. This study employs a mixed-method approach combining quantitative data analysis of energy price trends trade flows and macroeconomic indicators w