Russia’s aggression against Ukraine has triggered significant and growing crisis risks for many countries, including those geographically distant from Ukraine. Even though some countries still manage to distance themselves from taking a clear position regarding aggression, the accompanying economic and political influences are becoming more pronounced. The global rise in the cost of energy, food, and agricultural commodities, combined with the rupture of value chains and growing volatility in financial markets, significantly complicate the resilience of the global economy, which has only started to recover from the coronavirus pressures.