The end of the free exchange of energy
“Russia’s attack on Ukraine is reshaping the world energy map, ushering in a new era in which the flow of fossil fuels is influenced by geopolitical rivalries as much as by supply and demand,” Wall Street newspaper relationships.
“Over the past half century, oil and natural gas have moved with relative freedom to the markets where they have obtained the highest prices in the world. This ended abruptly when Russian tanks crossed the border into Ukraine on February 24, sparking a flurry of US and European trade sanctions against Russia that wreaked havoc on global trade. “