Jakarta, CNBC Indonesia – Russia reportedly has another target in its attack on Ukraine. This was reported directly by the Chinese state-owned media, Global Times.
The media said this target is related to other parties, especially the United States (US) and Europe. When the US guides the Western alliance to impose sanctions on Russia, it only drags Europe into an energy crisis and economic hardship.
As is known, before the war took place and a series of sanctions were imposed on Moscow, most European countries depended heavily on energy from Russia.
ADVERTISEMENT
SCROLL TO RESUME CONTENT
–
The media, citing economists, also reported that now many European countries are on the verge of economic chaos, with inflation skyrocketing. Greater risk also looms over the continent, as Europe moves away from its strategy of being self-sufficient, while its industrial competitiveness will lag behind if it relies too much on US products.
“Europe is an important victim of the Ukraine crisis,” Wang Yiwei, director of the Institute of International Affairs at China’s Renmin University, told the Global Times.
In recent months, the economic problems faced by Europe have repeatedly made headlines. This is because the European economy is facing a surge in inflation in commodities ranging from gas, cars, to food.
This happened because the energy supply from Russia was reduced in the middle of the Russo-Ukrainian conflict. In particular, Russia has reduced gas flows to Europe during the conflict, while EU leaders are also reportedly planning to block most Russian oil imports by the end of 2022 to punish the country.
The Global Times also wrote that the confrontation puts Europe in a very dangerous energy crisis situation, because normally the EU imports about 40% of its total gas consumption from Russia.
“Experts stress that although the tense relationship between Europe and Russia is fueled by Europe’s feelings of insecurity towards Russia, it is also exacerbated by US incitement, as it only pays lip service to the EU that it will help the EU reduce its energy dependence on Russia,” the media wrote. that.
The administration of US President Joe Biden has pledged to deliver an additional 15 billion cubic meters of liquefied natural gas (LNG) to the European Union this year, representing about a tenth of the gas the EU now gets from Russia.
Yang Chengyu, deputy researcher at the Chinese Academy of Social Sciences, told the Global Times that the US call for sanctions related to Russia was driven in part by its intention to seek profit for itself, including increasing exports of LNG and oil products to Europe.
On the other hand, Yang also said many other commodity prices also rose in Europe due to the Ukraine crisis, which triggered social chaos. He noted that European countries have been quite dependent on wheat imports from Russia and Ukraine, which is one of the main reasons behind recent inflation in Europe.
Next Article
This small Ukrainian town could throw Russia’s plans into disarray
–
–
(luc/luc)
–
