Intense global pressure on Russia has led the country to be more assertive at the global stage. The sanction regime, which was imposed in the wake of the Ukrainian crisis, decelerated its economy and brought hardships to the Russian people.
The fall in oil prices on which Russia depends heavily and ban on state-of-the-art Western technology, ranging from the extraction of hydrocarbons to civil aircraft production, have led to some silent questioning of Putin’s leadership in the domestic quarters. These cumulative pressures forced Russia to take more firm stance on global issues. Even though there was resistance to Putin’s attending the G-20 summit, the Russian President chose to attend it. On the sidelines of the summit, a fleet of Russian warships was deployed in the Coral Sea of Australia. This was seen as an intimidating action by Russia. Analysts from all quarters have started speculating whether it is a renewal of the Cold War. A resurgent Russia and the resistive West were the major points of discussion. Former Soviet President Mikhail Gorbachev also alluded in one of the speeches regarding this return of the Cold War.