Past Event

The Impact of the Russia-Ukraine War on Global Commodity Markets...

April 26, 2022
6:00 PM - 7:15 PM
Faculty House, 64 Morningside Dr., New York, NY 10027

The Impact of the Russia-Ukraine War on Global Commodity Markets and the Energy Transition

The current commodity market turmoil related to the Russia-Ukraine War has highlighted the importance of global commodity markets in supporting the energy transition to low- and zero-carbon fuels, while also creating unprecedented volatility and risk around trading and risk management of oil, gas, and metals. This raises questions regarding how we can restructure and build commodity trading that can both support progress toward net-zero goals while managing the risks of price swings and unpredictability for consumers and industry.  The Russia-Ukraine crisis also highlights how the main players in the commodity  industry are transitioning from large banks to private trading houses, potentially raising questions about market efficiency, transparency, and ESG. 

In their book The World for Sale, Javier Blas and co-author Jack Farchy explore commodity trading related to key resources around the world. The Center on Global Energy Policy will host Mr. Blas and Mr. Farchy for a presentation of key themes of their book. Following their presentation, they will join a moderated discussion on the implications of the current turmoil in commodity markets for the energy transition.


  • Jason Bordoff, Co-Dean, Columbia Climate School and Founding Director, Center on Global Energy Policy at Columbia University SIPA


  • Javier Blas, Energy and Commodities Columnist at Bloomberg
  • Jack Farchy, Senior Reporter for Energy and Commodities at Bloomberg News
  • Maria Jelescu Dreyfus, CEO and Founder, Ardinall Investment Management and Co-Chair, Women in Energy Steering Committee, Center on Global Energy Policy at Columbia University SIPA


This event will be hosted in person in New York City and live streamed via Zoom. Please note: Current Columbia University affiliates (staff, students, and faculty only) who attend in person will be required to show their CUIDs at the door. Non-Columbia University affiliates will be required to show a government-issued ID and proof of vaccination and complete a symptom attestation form upon arrival.

Advance registration is required. Upon registration, you will receive a confirmation email. The event will be recorded and the video recording will be added to our website following the event.

This event is open to press, and registration is required to attend. For media inquiries or requests for interviews, please contact Natalie Volk ([email protected]).

For more information about the event, please contact [email protected].

Contact Information

Center on Global Energy Policy