Financial Strategy / Geopolitical Risk · 2026-10-07Geopolitical Risk Is No Longer Just an Oil-Price Story: How Companies Should Read the New Cost Environment
The Russia-Ukraine war and the conflict centred on Iran and the Middle East show that energy risk can no longer be understood through oil prices alone. FX, freight, war-risk insurance, refining margins, inventory and financing costs can move at the same time. For import-dependent economies such as Türkiye, the role of finance is increasingly to identify these pressures before they reach the financial statements and translate them into pricing, margin and liquidity decisions.