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If war breaks out between Russia and Ukraine, it will affect India, experts say

By Lokmat English Desk | Updated: February 21, 2022 16:55 IST

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The situation in Ukraine is deteriorating. Clashes broke out between government forces and pro-Russian separatists in eastern Ukraine on Sunday, according to sources. Two Ukrainian soldiers were killed in the clashes.
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Russia-Ukraine tensions are high. Efforts are being made by other countries to defuse tensions between the two countries. The United States has said it will side with Ukraine if Russia launches an attack. Apart from that, some European countries are also likely to take action against Russia.
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At the UNSC meeting, India supported the resumption of negotiations under the Minsk Agreement and the Normandy format. The Indian Ambassador said, 'We believe that the Minsk Agreement provides a basis for positive dialogue between the two countries on eastern Ukraine.' Let all sides disagree.
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World stock markets continue to plummet as a result of the war. The Indian stock market is also seeing an impact.
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Foreign institutional investors have sold a large number of shares in the Indian stock market. As a result, the stock market continues to plummet.
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International crude oil prices have risen sharply on the back of Russia-Ukraine tensions. It has reached a high of डॉलर 100 per barrel. It is currently priced at 93 93 per barrel. In fact, if war breaks out, crude oil prices will rise sharply
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India buys large quantities of arms from Russia. About 60 per cent of the weapons in the Indian Army are Russian-made. In addition, India will receive the S-400 anti-missile air defense system from Russia. Russia could face sanctions if war breaks out.
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In case of war, Russia can ask China for help. This situation could be worrisome for India in the future. Russia-China friendship could lead to new disputes over Indo-China border Russia is an old friend of India and has helped India in many difficult times.
Tags: Russia Ukraine conflict
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