Ukraine crisis likely to keep benchmark crude prices up | Singapore Informer

March 31, 2014 1:05 AM

AMID the Ukraine crisis, we witnessed growing tensions between Russia and Western powers (US and Europe). Friction between the two heavy-weights brought us back to the Cold War era, where scepticism between the Western Bloc (the US with Nato) and the Eastern Bloc (the Soviet Union and Warsaw Pact allies) resulted in a standoff of almost half a century.


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