As the Russian invasion of Ukraine stretches into its third year, international trade has felt the effects as sanctions on Russian exports have expanded. Now researchers have found that the invasion may not only have significant short-term impacts on the global timber markets but may leave lasting effects on the global economy and the environment. These findings in a new study which projects the impact of sanctions on Russia and military disruption in Ukraine on the global wood product markets. …Rajan Parajuli, associate professor at North Carolina State University and author of the study, said that the immediate impacts of the invasion could be severe. …“In the short term, which we define as within ten years of the end of the invasion, our model predicts an increase in price up to 3% for things like industrial roundwood and finished wood products,” he said.