Posted on Mar 21, 2023
Russia's war in Ukraine is affecting countries around the world. Here's how ordinary Egyptians...
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LTC Eugene Chu
..."Russia is the second-largest producer of natural gas and the third-largest producer of oil. The European Union has particularly depended on Russian energy; it is now preparing to phase in an oil embargo. A historic restructuring is sweeping the global petroleum and gas trade as countries ban or cut Russian energy imports, sanction Russian companies, face Russia's demands for payments in rubles and search for alternative sources.
Russia has more nuclear weapons than any other country in the world. Its military attack on Ukraine has notably reenergized NATO, a military and political alliance of the United States and European countries. Urgently, countries around the world have escalated military spending or have begun a consequential reevaluation of their defenses."...
..."Russia is the second-largest producer of natural gas and the third-largest producer of oil. The European Union has particularly depended on Russian energy; it is now preparing to phase in an oil embargo. A historic restructuring is sweeping the global petroleum and gas trade as countries ban or cut Russian energy imports, sanction Russian companies, face Russia's demands for payments in rubles and search for alternative sources.
Russia has more nuclear weapons than any other country in the world. Its military attack on Ukraine has notably reenergized NATO, a military and political alliance of the United States and European countries. Urgently, countries around the world have escalated military spending or have begun a consequential reevaluation of their defenses."...
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