Russia is a major supplier of world energy resources and the Ukraine-Russia war has had a significant impact on energy prices. Since the start of the war, international markets have seen fluctuations in oil and gas prices. Russia is a major exporter to the world economy and since the start of the war many countries have reduced or stopped trade with Russia. This has had a particularly severe impact on countries close to Russia, such as European countries.

The war has created volatility in financial markets. The fact that Russia faced international sanctions and the country's trade declined had a significant impact on Russian markets and thus on global markets. In addition, the tourism industry in Ukraine and Russia has declined drastically since the start of the war.