
On April 3, 2023, the ongoing conflict between Russia and Ukraine continued to intensify with no clear signs of de-escalation in sight. Diplomatic efforts aimed at reaching a ceasefire or negotiating an end to the war have largely failed, leaving international observers concerned about escalating violence. The recent escalation involves a series of military developments on both sides, including increased troop deployments and strategic positioning near the frontlines. These actions raise concerns that a wider conflict could erupt, with potential ramifications for global stability. The ongoing conflict has created significant humanitarian crises in Ukraine, while also impacting energy markets globally. With no immediate resolution in sight, the future of this protracted conflict remains uncertain.