The Impact of the Russia-Ukraine Conflict on Oil Price Fluctuations

This work aims to analyze the impact of the Russia-Ukraine conflict on oil price volatility and explore its potential mechanism. The study explores how this geopolitical event can disrupt production, transportation, and consumption in the oil industry, leading to dramatic fluctuations in oil prices. This article provides an in-depth analysis of the complex changes in the global oil market, including factors such as supply-demand imbalances, geopolitical risks, and market expectations. Together, these factors affect the functioning of the oil market. Research shows that the conflict not only brings uncertainty to global energy supplies, but also amplifies the volatility of oil prices through market psychological expectations and investor sentiment. To reduce the negative impact of these fluctuations on the global economy, the study proposes a number of strategies, such as optimizing the energy mix, strengthening international cooperation, improving market mechanisms, promoting industrial upgrading and strengthening consumer education. The objective of these strategies is to enhance the stability and sustainability of the global energy supply system, while supporting sustainable development.