On Thursday, Russian President Vladimir Putin shut down discussions by attacking Ukraine after months of refusing to do so.
Since the Ukraine conflict, Russia has had a significant impact on the global economy, with oil prices rising.
The true source of conflict
Russian-Ukrainian connections originate from the ninth century, when Kyiv became the seat of the old Russian Empire, and Prince Vladimir introduced Orthodox Christianity to Russia in 988. The city is now Ukraine’s capital. It was unified under a treaty in the Tsarist Empire, and then in the Soviet Union.
Historians claim that efforts to preserve Ukraine’s distinct character have been suppressed from the period of the Russian Empire. The Ukrainian language has been severely restricted as a result of this.
The military continued to fight Ukraine even after the 1917 revolution, and no one dared to suggest that Ukraine should become its own country. The only topic on which the Russian revolutionaries and their opponents, the Russian army, agreed, according to Vygotsky, was the refusal to recognise Ukraine’s distinct existence.
Ukraine began to improve its connections with the majority of Western nations as a result of this historical backdrop. NATO, in a similar spirit, aimed to expand its sphere of influence in the East by joining a number of military partnerships, including Ukraine.
Tension
Russia has long been a vocal opponent of Ukraine’s proximity to European organisations like as NATO and the EU, but Russian President Vladimir Putin has recently declared that Ukraine is a “puppet” of the West and that the territory would never be a genuine state.
He requested guarantees from the West and Ukraine that Ukraine would remain a neutral state and would not join NATO’s 30-nation military bloc.
World nations
Following Russia’s strike, a number of nations, notably the United Kingdom, have put sanctions on Russia in response to the UN-Ukraine tensions. The US, Japan, Canada, and Australia are among these nations.
Situation presently
Currently, the Russian army has taken control of Ukraine’s Chernobyl nuclear power facility, which Ukraine has verified. The Russian forces invaded Kyiv, Ukraine’s capital, via Belarus, while the Chernobyl nuclear power facility in Ukraine remained secure and uninjured. Injuries are being reported.
War’s consequences
The war between Russia and Ukraine has had the most impact on the oil trade, with global oil prices slowly rising since Russia delivers around 40% of the gas to the European Union and accounts for roughly 12% of global oil supply. As pipelines cross through Ukraine, there is a greater possibility of war intensifying.
According to observers, the West is preparing tighter sanctions, but they will have far-reaching consequences on the global economy and will have little influence on Russia. The possibility of war and sanctions has put the world economy, which is just just recovering from an epidemic, in jeopardy.
Alternatives to Consider
According to international affairs experts, there is currently no quick solution to the situation because the world appears to be marching towards a new global war as a result of Russia’s continued aggressiveness despite Western sanctions. Experts believe that the loss of human life and economic costs can be minimised if Russia and other world powers agree on a point.
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