Exploring the Interplay Between Inflation, Energy Prices, and COVID-19 Amidst the Ukraine Conflict

The main purpose of this paper is to study the economic problems and difficulties of the three major economies (China, the European Union, and the United States) in the context of the Russia-Ukraine conflict in the post-epidemic era. The purpose is to analyze economic indicators such as GDP, CPI, unemployment rate, inflation rate, and exchange rate of these three economies in different periods, with auxiliary analysis based on the gold price, commodity index, and oil and gas price of the global market. It tries to study the specific economic difficulties faced by the three major economies and their countermeasures, and according to the response of the above data after the implementation of the policies, to judge the effect of the implementation of various policies in each economy and try to analyze the possible potential risks and try to propose whether there is a better solution. According to the analysis of this paper, the conflict between Russia and Ukraine has a certain impact on the three major economies, especially the European Union. All three economies were hit in the short term by sharp rises in raw materials and energy prices. However, the three major economies shave adopted timely policies to stabilize the economic downturn indirectly caused by the conflict between Russia and Ukraine. The United States and China have also ensured price stability to a certain extent. However, the EU needs to further deal with inflation due to the energy structure and other reasons.