Russia’s invasion of Ukraine has thrown global markets into turmoil and seen a spike in the price of oil and gas. Cliff Taylor explains what impact the conflict will have on the global economy and how it will be felt in Ireland. Ciarán is also joined by The Irish Times public affairs editor Simon Carswell, who outlines how EU sanctions on Russia are causing problems for aircraft lessors based in Ireland.

In the second part of the show: Veteran entrepreneur and whiskey maker John Teeling on how exposed the Irish whiskey sector is to the sanctions on Russia.

Presenter: Ciarán Hancock

Produced by Jennifer Ryan

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The ripple effect of Russian sanctions