Global political and economic directions shifted as soon as Russian President Vladimir Putin ordered the invasion of Ukraine under a “special operations” mission on 24 February 2022.
Over 200,000 Russian soldiers and lots of tanks and armoured vehicles advanced rapidly to attack Kyiv, the capital of Ukraine. The severe damage pushed the price of ICE Brent crude oil up from $90 per barrel to $128 per barrel within a month. However, Ukraine’s strong resistance with modern missiles backed by the West destroyed many Russian warplanes and tanks, causing the war to be prolonged into 2013.
