How Petroleum prices impact by any confliction.
IMPACT ON PETROLEUM PRICES BY CONFLICTION Markets at the moment are dominated by headlines around Russia and Ukraine now of course any kind of conflict can come with a terrible humanitarian cost so let's hope that can be avoided but by looking at precedence from the past we can gauge what could happen to markets if this does escalate but also which markets could be affected and what the transmission mechanism could be for those markets to be impacted. So let's look at the Russia Ukraine conflict in a bit more detail the Russian equity market peaked in October of 2021 and if we track single country exchange traded funds since then you can see that it's the country which has fallen the most Russian equity is down by around 30 percent as I write this blog but that's certainly not true of all countries for example you can see that three of the countries I’ve shown here actually rallied so that's south Africa T...