- The Russia-Ukraine crisis intensified as Ukrainians wanted their government to join European Union.
- Though the issue revolved around the Crimean peninsula and its annexation by Russia, the issue exploded with Ukraine’s plan to join the EU.
- When Russia invaded Ukraine in February 2022, Ukraine asked for EU candidacy. And EU approved immediately.
- Since then, the tiff between the western world and Russia increased. The tensions have been escalating since this issue.
- Recently, the EU banned the import of Russian oil to into its member countries.
- European Union has banned Russian oil as a punishment for invading Ukraine.
- The G7 countries have agreed to increase the prices of oil from Russia.
- This includes the US, Italy, Germany, France, Britain, Japan, and Canada.
- This is being done to cut down Russia’s profits that are funding its war with Ukraine.
Tags:
International