# How the Russia-Ukraine war accelerated a global energy crisis | Reuters

> Reuters analysis describes how Russia's war in Ukraine accelerated a global energy crisis. Governments in the United States and Europe are shifting toward friendshoring of strategic supplies and expanding support for nuclear, solar, wind and hydrogen. Major economies expect supply constraints in 2023 and possibly for years after.

- Date: 2022-12-13 · published 2022-12-13T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11513-how-the-russia-ukraine-war-accelerated-a-global-energy-crisis-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained supply constraints and reduced Russian gas flows keep global gas and LNG prices supported, and the shift to friendshoring may raise long-run energy costs. Higher energy costs feed into the cost of fertilizer and feed processing.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-10-04 | [How the Russia-Ukraine War Fueled Record Fertilizer Prices](https://feedsoft.ai/events/39051-how-the-russia-ukraine-war-fueled-record-fertilizer-prices.md) | +5.0% | -6.5% |
| NATGAS | 2022-05-25 | [LNG prices to stay elevated as Russia-Ukraine war bites: Woodside CEO \| S&P Global](https://feedsoft.ai/events/41575-lng-prices-to-stay-elevated-as-russia-ukraine-war-bites-woodside-ceo-s-and-p.md) | -2.8% | -27.7% |
| NATGAS | 2024-11-23 | [Europe energy crisis: natural gas prices jump as Russia cut looms \| Fortune](https://feedsoft.ai/events/27595-europe-energy-crisis-natural-gas-prices-jump-as-russia-cut-looms-fortune.md) | +14.0% | +18.4% |
| NATGAS | 2022-02-25 | [Farming News - The Ukraine/Russia situation sends global fertiliser markets sharply higher](https://feedsoft.ai/events/43022-farming-news-the-ukraine-russia-situation-sends-global-fertiliser-markets.md) | +0.1% | +13.3% |
| NATGAS | 2026-04-01 | [How the Iran War Is Disrupting Global Oil and Gas Supply](https://feedsoft.ai/events/20364-how-the-iran-war-is-disrupting-global-oil-and-gas-supply.md) | -4.5% | -9.0% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/year-russia-turbocharged-global-energy-crisis-2022-12-13/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.