# Shipping braces for impact as Russia-Ukraine crisis intensifies

> Shipping analysts expect higher tanker, dry bulk and container rates as the Russia-Ukraine crisis escalates. The U.S., EU, U.K. and Japan announced bank sanctions, and possible future sanctions could target Russian energy exports.

- Date: 2022-02-23 · published 2022-02-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42613-shipping-braces-for-impact-as-russia-ukraine-crisis-intensifies
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Potential sanctions on Russian energy exports could tighten crude and product supply, raising fuel and freight costs for feed producers and farmers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-11-22 | [Oil gains more than 5% for the week as Ukraine war intensifies](https://feedsoft.ai/events/27588-oil-gains-more-than-5-for-the-week-as-ukraine-war-intensifies.md) | -3.0% | -0.9% |
| WTI | 2023-08-07 | [The Commodities Feed: Russia-Ukraine tensions add to oil supply risks \| articles \| ING THINK](https://feedsoft.ai/events/34496-the-commodities-feed-russia-ukraine-tensions-add-to-oil-supply-risks-articles.md) | +0.5% | +3.3% |
| WTI | 2022-02-24 | [Treasury yields slide as Russia invades Ukraine](https://feedsoft.ai/events/42877-treasury-yields-slide-as-russia-invades-ukraine.md) | +20.2% | +24.7% |
| WTI | 2022-02-22 | [Canadian dollar firms as oil surges on rising Russia-Ukraine tensions - The Globe and Mail](https://feedsoft.ai/events/42919-canadian-dollar-firms-as-oil-surges-on-rising-russia-ukraine-tensions-the-globe.md) | +5.3% | +23.0% |
| WTI | 2024-11-21 | [Oil rises 2% on supply worries as Russia-Ukraine war escalates](https://feedsoft.ai/events/27585-oil-rises-2-on-supply-worries-as-russia-ukraine-war-escalates.md) | -0.3% | +1.3% |
| BRENT | 2024-11-22 | [Oil gains more than 5% for the week as Ukraine war intensifies](https://feedsoft.ai/events/27588-oil-gains-more-than-5-for-the-week-as-ukraine-war-intensifies.md) | -1.7% | -1.8% |
| BRENT | 2023-08-07 | [The Commodities Feed: Russia-Ukraine tensions add to oil supply risks \| articles \| ING THINK](https://feedsoft.ai/events/34496-the-commodities-feed-russia-ukraine-tensions-add-to-oil-supply-risks-articles.md) | +0.6% | +2.8% |
| BRENT | 2022-03-07 | [Rupee sinks to lifetime-low as Ukraine crisis threatens to push India's oil-import bill](https://feedsoft.ai/events/42546-rupee-sinks-to-lifetime-low-as-ukraine-crisis-threatens-to-push-india-s-oil.md) | -4.6% | -13.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/shipping-braces-for-impact-as-russia-ukraine-crisis-intensifies

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