It's important to distinguish between the US and Europe, when talking about this. From a US perspective, the impact of Russia's invasion of Ukraine on energy p

It's important to distinguish between the US and Europe, when talking about this. From a US perspective, the impact of Russia's invasion of Ukraine on energy prices (and hence inflation) was relatively muted. For Europe, on the other hand, the impact was incredibly large. Additionally, Ukraine supplied huge amounts of grain to EU farmers for livestock, which put a double impact onto food prices in the year following. Finally, the money printing during Covid was wildly different in terms of distributional impacts between the US and Europe, so it's relatively unhelpful to talk about global impacts.