Basdekis, Charalampos Vasilios; Christopoulos, Apostolos G. - In: Economies : open access journal 14 (2026) 3, pp. 1-15
This study examines the impact of the Russia-Ukraine war on crude oil tail risk using the Conditional Autoregressive Value at Risk (CAViaR) framework. We analyzed 2364 daily observations of West Texas Intermediate (WTI) crude oil futures spanning 1 January 2015 to 11 December 2023, thereby...