How Russia's war in Ukraine rocked the global economy

Oil and gas prices have surged over supply fears as Russia is one of the world's biggest producers and exporters of the fossil fuels

Oil and gas prices have surged over supply fears as Russia is one of the world's biggest producers and exporters of the fossil fuels

In a month of conflict in Ukraine, global oil prices have soared, foreign companies have exited Russia and Moscow faces the spectre of default.

Russia now faces the risk of defaulting on debt for the first time in decades.