Abstract
This paper examines the importance of energy markets in the context of the Russia-Ukraine war. The instability of critical minerals is creating significant challenges for the global economic and political system, particularly in Europe. As European nations strive to decouple from Russian energy dependence, abandon polluting hydrocarbon fuels, and move towards sustainable economic models, energy efficiency, storage, supply stability, and security have become significant areas of concern. This situation has been exacerbated by China, which controls the supply chain for essential minerals vital to support the development of alternative energy resources. This is especially true for energy-revolution technologies, which are critical to supporting the development of data centres, hydrogen production, nuclear energy, and intermittent energy sources such as wind and solar. Thus, understanding energy markets’ evolving dynamics and the economic and political factors behind them, especially during the Russia-Ukraine crisis, is fundamentally important to investors and policymakers, as it can inform research- and evidence-based decision-making that leads to optimal investments and better policies shaping future energy markets and the feasibility of the green transition.
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
Recommended Citation
Hunduza, Watson
(2026)
"Strategic Minerals: Redefining Global Power, Energy Security and Financial Markets,"
Critical Letters in Economics & Finance:
Vol. 3:
Iss.
1, Article 4.
Available at:
https://arrow.tudublin.ie/clef/vol3/iss1/4