An examination of the oil market at the outset of the Russia-Ukraine conflict
Balli F. Chowdhury M.I.H. Billiah M.
2025Economics Bulletin
Economics Bulletin
2025#45Issue 1118 - 129 pp.
The study explores the drift in the connectedness of 28 global energy markets during the Russian-Ukraine war that instigated one of the largest energy disruptions in history. We reveal a significant positive relationship between the energy dependency on Russia and the change in the return shock transmission. Though some developed markets with diversified energy sources signpost resistance post-invasion, most neighboring countries with higher energy dependency are exposed to amplified connectivity and vulnerability to shock transmission.
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Massey University, New Zealand
Al-Farabi Kazakh National University, Kazakhstan
Prince Mohammad Fahd University, Saudi Arabia
Massey University
Al-Farabi Kazakh National University
Prince Mohammad Fahd University
10 лет помогаем публиковать статьи Международный издатель
Книга Публикация научной статьи Волощук 2026 Book Publication of a scientific article 2026