One of the constant headlines over the last few months has been Russia and the Ukraine Crisis. Since the conflict began, it’s been a battle between good news and bad — with each subsequently pulling the market in either direction.
Well, it seems like the Ukraine Crisis is about to take another turn for the worse.
After feeling the heat from various economic sanctions, Russia has decided to turn up the heat on the Ukraine crisis and European Union by turning down the thermostat. Reports have surfaced that Russia is going to turn off Europe’s natural gas supplies … just in time for the cold winter to set in.
If true, t hat shutoff would be a major issue, as Europe stills relies on Russian natural gas for the vast majority of its energy needs. In fact, there are six E.U. member nations that are 100% dependent on Russian natural gas.
This isn’t the first time Russia has pulled the natural gas card. It turned off the spigot this past June as well as in 2006 and 2009. All three times, the move lead to transit spats and supply disruptions in the Old Country. All in all, the Ukraine Crisis continues to unfold and moves towards becoming a catastrophic conflict.
But investors don’t need to sit idly, watching the conflict wreck your portfolios. In fact, there are a few exchange-traded funds that should see their businesses improve if Russia goes through with the threat. Here are 3 ETFs you can use to keep your porftolio strong amid the Ukraine crisis.