The economic cost of conflict in Ukraine

Sanctions, energy supplies, cyber-attacks - how bad could the economic fallout be if the situation in Ukraine spirals out of control?

How likely would Russia be to simply cut the gas supply off to Europe in the middle of winter for example? Ed Butler asks Jane Collin, editor of the UK-based publication, Energy Intelligence. Meanwhile Matthew Olney, director of threat intelligence at Cisco, discusses another possibility - the disabling of key energy and other infrastructure in America by Russian hackers.

Meanwhile the West has plenty of threats it can make against Moscow, in the form of further economic and financial sanctions - including the option of kicking Russia off the SWIFT international financial payments messaging system. But Maria Shagina, a visiting fellow at the Finnish Institute of International Affairs, says the West will need to look beyond sanctions if it wishes to influence President Putin's thinking

(Picture: Ukrainian soldier with rifle; Credit: Wolfgang Schwan/Anadolu Agency via Getty Images)