Regional dimensions of Ukraine war with global scope

14 days ago Tehran Times

TEHRAN- Though the Ukraine war is considered a regional war in terms of geographical division, its global dimensions and effects are so wide that it can be considered a conflict in the Western hemisphere with an impact on the whole world. After the start of the war in Ukraine, Europe tried to support Ukraine as the front line of protecting NATO's security line, but the policy caused problems. In 2021, the EU imported 40% of its gas from Russia - so many of its member states were exposed to high energy prices. Russia's war on Ukraine impacted energy prices across Europe, Reuters reported on 29 Sep. 2022. The change, which reflects a spike in wholesale energy prices, concerns 41.5% of Italian households, according to ARERA's 2021 data.
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