Mark Drakeford has said people in Wales will need to make sacrifices after Russia's illegal and unprovoked invasion of Ukraine.
Wales' First Minister warned that people in Wales would see a hit on both energy and food bills as a result of the war.
"[Given] the sanctions that we have placed on Russia, I think it will not be long before we see counter sanctions from Russia as well," he told The Central Club YouTube channel. "So you know, Russia supplies 40% of the gas used in Europe and already the sanctions are resulting in higher oil prices, higher gas prices, and will definitely lead to higher food prices. Russia produces a huge amount of the world's wheat. Those higher prices will be felt here in Wales and there'll be felt by families who are already struggling with the price rises we've seen already and other things that are in the pipeline.