While the world is focused on OPEC news and Easter preparations, the Ukrainian crisis is heating up and there is a real threat of a military confrontation involving Ukraine, Russia, and Belarus. Currently, the Ukrainian military is fighting Moscow-backed separatists in the Donbas region. At the same time, heavy clashes with Russian-backed forces in and around Shymy have been reported. International pressure has been building on Russia to force a direct ceasefire, but no moves have been made. In recent weeks, analysts warned of a possible full-scale military confrontation as they considered the military moves in the region as provocations by Moscow. At the same time, most confrontations were localized, with no real regional impact yet.