President President Vladimir Putin announces military operation in eastern Ukraine’s Donbas region. A couple of days ago, Putin recognized two eastern regions of Ukraine as independent republics, practically dismembering Ukraine into three different countries. Today’s decision of launching a military operation in Donbas region of Eastern Ukraine has shocked the western leaders.
Russian leaders said the Eastern Ukrainian regions have sought their help against possible military action from Ukraine’s military.
Putin’s decision of launching military operation in Eastern Ukraine’s region Donbas is set to further trigger hike in crude oil prices above $100 a barrel while creating diplomatic tension in the world.
On Wednesday, USA, Japan, and Australia imposed sanctions on Russia while Venezuela has supported Russia saying the west was surrounding Russians militarily from all sides to destroy the country.
