Russia’s invasion of Ukraine shattered the post-World War II equilibrium that had underpinned global prosperity for seven decades. The sequential shocks to the international system of pandemic and war are pervasive, manifesting in energy crises, high inflation, social unrest, geopolitical tensions and a larger role for the state in markets and industries. Volatility will dominate global politics, economics and security as the world enters an era of reshaping the international order. What is the new map of geopolitics that is emerging from the current upheaval? Is the era of globalization as markets and industries knew it now over? How will growing rifts impact energy trade, risk management and capital flows?