Why The Russia-Ukraine War Matters To Us

With crude oil rates soaring sky high, all major economies of the world are at risk of financial stress. This would be an additional blow to the Indian economy badly hit by the Covid-19 pandemic.

Why The Russia-Ukraine War Matters To Us

Thursday morning (Feb 24), Indians awoke to the news of Russian President declaring war against Ukraine. Ukraine has traditionally been a conflict zone among western powers. Oil rich Ukraine with resources in the Black Sea has been prized by many. To complicate matters further, Ukraine has a significant Russian population which has felt discriminated. To protect Russian interests, Russia aims to demilitarize Ukraine by military action.

Once a part of the Soviet Union, Ukraine started asserting an independent foreign policy after the collapse of USSR. Ukraine allied with NATO (North Atlantic Treaty Organization), the erstwhile cold war opponent of the USSR. Something that Russia has never taken well. Putin with his Soviet era intelligence training has always been uncomfortable with Ukraine aligning with NATO.