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Geopolitical tension driving greater need for energy transition risk management

April 6, 2022

Geopolitical uncertainty following events in eastern Europe is creating increased need for companies to manage their energy transition risk, according to WTW’s Energy Market Review 2022.

The annual report covers the energy sector’s volatility, including how commodity prices surged to record levels due to higher demand as economies emerged from the COVID-19 pandemic, as well as concerns around higher inflation rates. It also looks at how countries are shunning Russian oil and gas amid the Russia-Ukraine conflict.

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