Ukraine Crisis: Putin Will Soon Hang The Iron Curtain
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Russia seeks to restore its former position in the world and has repeatedly shown under Putin that it has the ability to destabilize international order. While Russia lacks the military power to challenge the United States’ superiority, Europe does not underestimate its capabilities. Moscow’s use of arms sales and military engagement to build ties with Asia, Africa, Latin America, and especially the Middle East, and the mass export of fossil fuels to Europe have given Russia more leverage to shape power dynamics in various regions. Russia’s growing share of the natural gas market, previously a major player in the oil market, has further extended Russia’s influence but after the Corona pandemic, sanctions of Western countries as well as Putin’s failure to diversify the economy and can put him in trouble.