Situation will gradually improve but analysis shows it can take up to two years to see big chunk of production coming back to pre-war levels.

Some LNG terminals may take even longer than two years; we should be prepared for volatile energy markets for some time.

Would have serious implications for global economy; biggest problem will be energy-importing developing and emerging countries, especially in Asia and Africa.

Not only oil prices will go up, but fertilizer supply disruption could cause food prices to rise, damaging economies with weaker currencies and financial muscles.

Yes, seeing rationing in many countries with industries reducing capacities, and first signs of upward pressure on inflation.

This will pass through rest of economy soon; countries suffering most will be oil and gas importers in emerging and developing world.