Q: What are we seeing right now with gas prices and the crisis in the Ukraine? Why are gas prices so intertwined with global events?
A: The price of gas has risen considerably since the Russian invasion of Ukraine: It’s not an uncommon phenomenon when there’s political turmoil—and, even worse, war—that may disrupt the supply of oil. Interestingly, in this case Ukraine is not the oil producer; Russia, the aggressor, is […]