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1. Introduction
The Russia-Ukraine war, which began in February 2022, has drastically altered the geopolitical landscape and had profound implications for global economics. As two of the world`s largest producers of energy and agricultural commodities, both nations play critical roles in international markets. The conflict has not only disrupted supply chains but has also led to soaring commodity prices, inflation, and a reconfiguration of trade alliances. The war’s immediate impact on the energy sector has been particularly pronounced. Russia is one of the largest oil exporters globally, and Ukraine serves as a key transit route for natural gas supplies to Europe. Following the invasion, Western nations imposed significant sanctions on Russia, targeting its energy exports. In response, Russia has sought alternative markets, particularly in Asia, which has led to a reshaping of trade patterns. As a result, Europe has had to accelerate its efforts to reduce dependence on Russian en
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