{"id":1567,"date":"2022-02-24T19:30:58","date_gmt":"2022-02-24T19:30:58","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/"},"modified":"2022-02-24T19:30:58","modified_gmt":"2022-02-24T19:30:58","slug":"why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/","title":{"rendered":"Why Russia&#8217;s Ukraine invasion spiked energy prices, in 4 charts"},"content":{"rendered":"<div >\n<p >Russia\u2019s invasion of Ukraine early Thursday may have occurred halfway around the world for Americans, but they felt an immediate impact when they woke up, with energy prices surging at levels not seen since 2014.<\/p>\n<p >In the weeks leading up to the attack ordered by Russian President Vladimir Putin, President Joe Biden warned Americans that coming economic sanctions against Russia will cause \u201cpain\u201d here.<\/p>\n<div >\n<div data-mps=\"true\" data-slot=\"boxinline\" data-sizes=\"[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]\" data-render-on-view=\"true\" data-targeting=\"{}\" data-active-tab=\"true\" data-offset-viewport=\"100\"><\/div>\n<\/div>\n<p >Here are four charts that explain Russia\u2019s unique position in the energy market, and how it affects Europe and the United States.<\/p>\n<\/div>\n<div ><\/div>\n<div >\n<p >Russia is one of the biggest suppliers of energy in the world. According to data from the CIA World Factbook, it is the second-largest exporter of crude oil on the planet, after Saudi Arabia. It is also the largest exporter of natural gas, far ahead of second-place Qatar.<\/p>\n<\/div>\n<div ><\/div>\n<div >\n<p >Russia\u2019s position as a top supplier means that many nations in the European Union are reliant on it for energy. As many as 10 E.U. nations import more than half of their natural gas from Russia, with Finland, Latvia, Estonia and Bulgaria importing more than three-quarters of their totals.<\/p>\n<\/div>\n<div ><\/div>\n<div >\n<p >The United States is also a large importer of Russian energy. It imports tens of millions of barrels of crude oil from Russia every month, with imports topping at 26 million barrels in May 2021.<\/p>\n<\/div>\n<div ><\/div>\n<div >\n<p >The sheer size of Russia\u2019s energy market means that changes in its exports or production have the potential to shake global prices.<\/p>\n<div >\n<div data-mps=\"true\" data-slot=\"boxinline\" data-sizes=\"[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]\" data-render-on-view=\"true\" data-targeting=\"{}\" data-active-tab=\"true\" data-offset-viewport=\"100\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Russia\u2019s invasion of Ukraine early Thursday may have occurred halfway around the world for Americans, but they felt an immediate impact when they woke up, with energy prices surging at levels not seen since 2014. In the weeks leading up to the attack ordered by Russian President Vladimir Putin, President Joe Biden warned Americans that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-1567","post","type-post","status-publish","format-standard","hentry","category-russia-ukraine-war"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Russia&#039;s Ukraine invasion spiked energy prices, in 4 charts - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Russia&#039;s Ukraine invasion spiked energy prices, in 4 charts\" \/>\n<meta property=\"og:description\" content=\"Russia\u2019s invasion of Ukraine early Thursday may have occurred halfway around the world for Americans, but they felt an immediate impact when they woke up, with energy prices surging at levels not seen since 2014. In the weeks leading up to the attack ordered by Russian President Vladimir Putin, President Joe Biden warned Americans that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/\" \/>\n<meta property=\"og:site_name\" content=\"Tahrir News\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-24T19:30:58+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tahrir2day.com\/news\/#website\",\"url\":\"https:\/\/tahrir2day.com\/news\/\",\"name\":\"Tahrir News\",\"description\":\"News all over the world\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tahrir2day.com\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#webpage\",\"url\":\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/\",\"name\":\"Why Russia's Ukraine invasion spiked energy prices, in 4 charts - Tahrir News\",\"isPartOf\":{\"@id\":\"https:\/\/tahrir2day.com\/news\/#website\"},\"datePublished\":\"2022-02-24T19:30:58+00:00\",\"dateModified\":\"2022-02-24T19:30:58+00:00\",\"author\":{\"@id\":\"https:\/\/tahrir2day.com\/news\/#\/schema\/person\/5eb9492fbc67154812b39589e826b6e4\"},\"breadcrumb\":{\"@id\":\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tahrir2day.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"russia ukraine war\",\"item\":\"https:\/\/tahrir2day.com\/news\/category\/russia-ukraine-war\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Why Russia&#8217;s Ukraine invasion spiked energy prices, in 4 charts\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/tahrir2day.com\/news\/#\/schema\/person\/5eb9492fbc67154812b39589e826b6e4\",\"name\":\"megahed\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tahrir2day.com\/news\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0ee3294b28670178246ce92a6679bf959bc435d2fcd9cb9ab078702487c106df?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0ee3294b28670178246ce92a6679bf959bc435d2fcd9cb9ab078702487c106df?s=96&d=mm&r=g\",\"caption\":\"megahed\"},\"sameAs\":[\"https:\/\/tahrir2day.com\/news\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Russia's Ukraine invasion spiked energy prices, in 4 charts - Tahrir News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/","og_locale":"en_US","og_type":"article","og_title":"Why Russia's Ukraine invasion spiked energy prices, in 4 charts","og_description":"Russia\u2019s invasion of Ukraine early Thursday may have occurred halfway around the world for Americans, but they felt an immediate impact when they woke up, with energy prices surging at levels not seen since 2014. In the weeks leading up to the attack ordered by Russian President Vladimir Putin, President Joe Biden warned Americans that [&hellip;]","og_url":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/","og_site_name":"Tahrir News","article_published_time":"2022-02-24T19:30:58+00:00","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/tahrir2day.com\/news\/#website","url":"https:\/\/tahrir2day.com\/news\/","name":"Tahrir News","description":"News all over the world","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tahrir2day.com\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#webpage","url":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/","name":"Why Russia's Ukraine invasion spiked energy prices, in 4 charts - Tahrir News","isPartOf":{"@id":"https:\/\/tahrir2day.com\/news\/#website"},"datePublished":"2022-02-24T19:30:58+00:00","dateModified":"2022-02-24T19:30:58+00:00","author":{"@id":"https:\/\/tahrir2day.com\/news\/#\/schema\/person\/5eb9492fbc67154812b39589e826b6e4"},"breadcrumb":{"@id":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/why-russias-ukraine-invasion-spiked-energy-prices-in-4-charts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tahrir2day.com\/news\/"},{"@type":"ListItem","position":2,"name":"russia ukraine war","item":"https:\/\/tahrir2day.com\/news\/category\/russia-ukraine-war\/"},{"@type":"ListItem","position":3,"name":"Why Russia&#8217;s Ukraine invasion spiked energy prices, in 4 charts"}]},{"@type":"Person","@id":"https:\/\/tahrir2day.com\/news\/#\/schema\/person\/5eb9492fbc67154812b39589e826b6e4","name":"megahed","image":{"@type":"ImageObject","@id":"https:\/\/tahrir2day.com\/news\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/0ee3294b28670178246ce92a6679bf959bc435d2fcd9cb9ab078702487c106df?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0ee3294b28670178246ce92a6679bf959bc435d2fcd9cb9ab078702487c106df?s=96&d=mm&r=g","caption":"megahed"},"sameAs":["https:\/\/tahrir2day.com\/news"]}]}},"_links":{"self":[{"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/posts\/1567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/comments?post=1567"}],"version-history":[{"count":0,"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/posts\/1567\/revisions"}],"wp:attachment":[{"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/media?parent=1567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/categories?post=1567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tahrir2day.com\/news\/wp-json\/wp\/v2\/tags?post=1567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}