Nicholas Mulder is assistant professor of history at Cornell University and the author of The Economic Weapon: The Rise of Sanctions as a Tool of Modern War (2022). Follow him here.

April 15, 2022

Analysis

Economic War and the Commodity Shock

A discussion on sanctions and global commodity markets

The war in Ukraine has unleashed both geopolitical and economic strife, and nowhere is the latter clearer than in the volatile commodities market. Commodities prices have fluctuated wildly since the Russian invasion began and the US-led coalition retaliated with extraordinary…